bankruptcy
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.
SC quashing RBI circular to give relief to power cos but delay bankruptcy proceedings
"It's early to say but if banks voluntarily still invoke IBC - the impact will be minimal," said Cyril Shroff of Cyril Amarchand Mangaldas.
Insolvency law's objective is reorganisation of defaulting firms: IBBI's Sahoo
Insolvency and Bankruptcy Code provides a framework for market-driven and time-bound resolution process.
Government asked banks to save Jet, avoid bankruptcy: sources
jet airways saddled with more than 1 billion dollars of debt.
Bankers burning midnight oil to resolve Rs 3.8 tn NPAs before deadline
The circular came into effect on March 1 and the 180-day deadline concludes on August 27.
Punjab National Bank to have claim on Nirav Modi's US assets
This is the first time that the MCA has intervened in any such foreign case pertaining to an Indian company.
Adani group emerges as highest bidder to acquire Ruchi Soya
Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs 5,700 crore.
Patanjali to submit revised bid tomorrow to acquire Ruchi Soya
Patanjali group has submitted its undertaking of having no objection to the 'Swiss Challenge' process adopted by the lenders.
RCom shares in demand after NCLAT stays bankruptcy proceedings
The stock jumped 19.14 per cent to Rs 20.85 on BSE. At NSE, shares of the company zoomed 20 per cent to Rs 21.