DHFL insolvency case: Here’s why RBI’s IBC route didn’t work well for the lender
Experts say as evidenced in DHFL, the IBC process is plagued by drawbacks that need to be addressed or alternatives need to be explored in the interest of all stakeholders and the economy at large.
Sep 11, 2021, 14:23 PM IST
Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 crore
Last week, Finance Minister Piyush Goyal had tweeted that the acquisition was a "historic breakthrough in resolving legacy issues of banks".
May 21, 2018, 12:10 PM IST
Banks may need 20% extra provisioning for 50 top bad debts: Study
The Insolvency and Bankruptcy Code will help in protecting creditor interest in the sense that a start-up firm that gets insolvent can be wound up on a fast-track basis within 90 days.
Aug 03, 2017, 14:06 PM IST
Insolvency cases: SS Mundra says firms free to move higher courts
He also said that RBI is looking at the provisioning norms for the cases that have been or will be referred to IBC for resolution.
Jul 26, 2017, 16:31 PM IST
Vijaya Bank Q1 net jumps over 57% to Rs 255 crore
The gross non-performing assets (NPAs) of the bank fell slightly to 7.30 percent of the gross advances as on June 30, 2017 from a level of 7.31 percent a year ago.
Jul 22, 2017, 16:09 PM IST
