insolvency
New RBI norms to give more lenders headroom to resolve large NPAs: Report
New framework provides some leeway to lenders and encourages them to refer cases to IBC, said SBI in its report.
RBI circular a welcome step; provides more freedom to bankers: IBA
RBI has given more freedom to bankers to bring their own resolve, said Indian Banks' Association chief Sunil Mehta.
Jaypee Infra insolvency: Lenders move NCLAT seeking nod to vote against NBCC bid
The voting on NBCC's bid started on Friday and will continue till June 10.
Jaypee Infratech insolvency: Lenders ask NBCC to withdraw some conditions
Lenders wrote a letter to NBCC late on Friday regarding this matter,
Suraksha's bid to acquire Jaypee Infra fails after creditors reject offer
Jaypee Group's promoters too are keen to retain control over its realty arm and have submitted debt resolution plan under IBC.
After govt nod, NBCC asks Jaypee Infratech RP to reconsider offer
The CoC on April 26 had rejected NBCC bid, terming it conditional and without the necessary approval from the government
Jaypee Infratech insolvency: NBCC gets approvals from govt for revised offer
According to sources, NBCC has got the approvals from the Department of Expenditure and the DIPAM for its revised offer.
RCom withdraws plea against NCLT order allowing bankruptcy proceedings
An NCLAT bench headed by Chairman Justice S J Mukhopadhaya allowed RCom to withdraw its appeal.
Stressed assets resolution: RBI mulls giving 60 days additional time for repayments
Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.
SC order on RBI circular negative for banks, may defer debt resolution
Moody's said the resolution of stressed loans impacted by the circular will be further delayed.