Bankruptcy Code

Businesses cheered moratorium on bankruptcy proceedings – but it may actually hurt them

Banks will be hit with even more bad loans, while suppliers will struggle to recover dues, and generate cash flow.

Vinodini Srinivasan
&
Dhruva Gandhi
· Aug 10, 2020 · 06:30 am
RBI issues new guidelines on resolution of bad loans

According to the new guidelines, lenders should review accounts within 30 days of default and initiate a resolution plan before the default.

Scroll Staff
· Jun 07, 2019 · 06:05 pm
RBI will issue revised circular on resolution of bad loans in three to four days: Shaktikanta Das

The RBI governor said it took the central bank a lot of time to prepare the revised circular as various legal matters had to be examined.

Scroll Staff
· Jun 06, 2019 · 03:22 pm

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