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Time to reevaluate Insolvency and Bankruptcy Code, 2016 (IBC)
The Insolvency and Bankruptcy Code (IBC) was enacted to speed up debt settlement and increase the rate of recovery. Following some early...
Aug 17, 20212 min read


Only a small percentage of enterprises submitted to the IBC is liquidated
Policymakers and analysts have been closely monitoring the efficacy of the Insolvency and Bankruptcy Code (IBC), which was enacted to...
Aug 16, 20212 min read


MSME’s relief measures are insufficient: Consortium of Indian Associations
The MSME sector felt that the measures in the State budget 2021-22 were inadequate, particularly for the self-employed category. which...
Aug 16, 20212 min read


Kingfisher House in Mumbai was sold to Saturn Realtors for Rs. 52 crore by DRT
Kingfisher House, the former headquarters of the now-defunct Kingfisher Airlines Ltd. in Mumbai, which was founded by fugitive tycoon...
Aug 16, 20212 min read


Bond losses are expected to rise as dissent at the RBI erupts: A report
According to a Bloomberg survey, bond rates in India will climb by the end of the year as disagreement among the central bank's...
Aug 14, 20212 min read


SBI sold bad loans at 70% discount
Even as the State Bank of India (SBI) and other public sector banks prepare to launch a bad bank, the largest bank in the country's...
Aug 14, 20212 min read


A nod to RBL Bank for Government Businesses
RBL Bank said on Wednesday that it has been designated as an agency bank by the RBI to handle financial transactions for the federal and...
Aug 13, 20212 min read


SEBI relieves the operational process to enable easy fee payments
Easing operational procedure, markets regulator Securities and Exchange Board of India on Wednesday asked companies and merchant bankers...
Aug 13, 20211 min read


SFBs contemplate transformation into universal banks
A majority of the 10 small finance banks (SFBs) currently operating in the country may transform from being differentiated banks to...
Aug 13, 20212 min read


For Indian businesses, transitory inflation has reached a tipping point - say, Economists
Indian companies are running out of room to absorb rising raw material costs, which could force the Central bank to unwind stimulus....
Aug 13, 20212 min read
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