Pre-packaged insolvency resolution, allowing creditors and shareholders with a pre-negotiated corporate reorganisation plan to approach NCLT (national company law tribunal), may be taken forward by the government as a key route in time to come.   Sources said "this will aid the...
The government is continuing to make efforts improve the Insolvency and Bankruptcy Code (IBC) for which the Insolvency and Bankruptcy Board of India (IBBI) will continue to interact with and seek feedback from various stakeholders. The government is also working to augment National Company...
State-run Allahabad Bank, which referred 65 stressed accounts involving around Rs 12,566 crore to the NCLT for IBC resolution during last fiscal, is focusing on recovery and rebalancing its loan book with emphasis on small, micro, agriculture and retail advances.   The lender also...

“We don’t mind haircut, but we don’t want to be bald,” quipped State Bank of India (SBI) chairman, Rajnish Kumar, to make the point that the Bank was willing to take a discount while resolving bad loans, but wouldn’t be willing to accept a deep discount that leaves them with nothing. On a...

We are listening!

Solve the equation and enter in the Captcha field.

To continue

Sign Up or Sign In



online financial advisory
Pathbreakers 1 & Pathbreakers 2 contain deep insights, unknown facts and captivating events in the life of 51 top achievers, in their own words.
online financia advisory
The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Online Magazine
Fiercely independent and pro-consumer information on personal finance
financial magazines online
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
financial magazines in india
MAS: Complete Online Financial Advisory
(Includes Moneylife Online Magazine)
FREE: Your Complete Family Record Book
Keep all the Personal and Financial Details of You & Your Family. In One Place So That`s Its Easy for Anyone to Find Anytime
We promise not to share your email id with anyone