Insolvency And Bankruptcy Code

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Watch Live! All the action in Parliament

Day 6 of Parliament's monsoon session 2020. Bills to be introducedLok SabhaThe Industrial Relations Code, 2020.The Code On Social Security, 2020. Bills for consideration and passingLok SabhaThe......

RS to discuss Delhi violence on Thursday, House adjourns

Rajya Sabha was on Wednesday adjourned for the day after the government and the opposition agreed to a discussion in the House on Thursday on the recent communal violence in Delhi. The opposition......

Lok Sabha adjourned amid protests over Delhi violence

Lok Sabha proceedings were disrupted for the fifth consecutive day on Friday due to sloganeering by Opposition members seeking a discussion on the riots in Delhi, which claimed at least 53 lives.......

RS departs from convention in paying tributes to Jaitley, others

In a departure from convention, the Rajya Sabha on Monday allowed leaders of various political parties to speak and pay tributes to five late members, including former finance minister Arun......

52 errors in J-K Act: Cabinet Secretary foxed by typos in notes

Following several instances of poor drafting of Cabinet notes and bills in the recent past, on September 11, the Cabinet Secretariat wrote to all ministries and departments to read up paragraph 55......

PSBs will only lead bad bank, pvt banks also need to support: SBI

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India......

IL&FS case reveals what India's resolution mechanism is lacking

The infra-major going belly up cracked open some major flaws in the system — the most evident being weak corporate governance and how layers of corporate structures could be formed adding to......

'Father of banking reforms', M Narasimham, passes away

New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham Committee. The architect of modern Indian banking,......

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......

SC ruling: Banks could be hit for Rs 100 bn

How much will the banks' bad assets grow in March?It could be anywhere between Rs 1.2 trillion and Rs 2 trillion, observes Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com Last......

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SBI

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other... ...

http://www.rediff.com/money/report/psbs-will-only-lead-bad-bank-pvt-banks-must-support/20210506.htm

IL&FS case reveals what India's resolution mechanism is lacking

The infra-major going belly up cracked open some major flaws in the system — the most evident being weak corporate governance and how layers... ...

http://www.rediff.com/money/special/what-indias-resolution-mechanism-is-lacking/20210501.htm

'Father of banking reforms', M Narasimham, passes away

New-generation private sector banks such as ICICI, HDFC, Axis, Kotak etcetera owe their existence to the recommendations of the first Narasimham... ...

http://www.rediff.com/money/report/father-of-banking-reforms-m-narasimham-passes-away/20210421.htm

Aircel lenders to move SC against NCLAT order

Lenders to Aircel and UV Asset Reconstruction, which was to take over the defunct telco’s assets under the insolvency process, are planning to... ...

https://economictimes.indiatimes.com/industry/telecom/telecom-news/aircel-lenders-uvarcl-to-move-sc-as-nclat-bars-spectrum-sale/articleshow/82075912.cms

Now, portals for sale of distressed assets

MUMBAI: The Insolvency and Bankruptcy Board of India (IBBI) is setting up two online platforms for selling distressed assets under the Insolvency... ...

https://economictimes.indiatimes.com/markets/stocks/news/insolvency-board-setting-up-two-portals-for-sale-of-distressed-assets/articleshow/82059629.cms

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