According to a report brought out by ICRA, the total banking credit provisions for the year 2018 is likely to be higher by 30% at Rs.260,000 crore. This sharply higher provisioning will be necessitated by the passage of the Insolvency and Bankruptcy Code Read more [...]

Bankruptcy Code The IBC gets a facelift, but will it defeat the entire process? The President of India gave his assent to an Ordinance to make amendments to the Insolvency & Bankruptcy Code (IBC). While the bill could have been passed in the Winter Read more [...]