UPA’s kid NPA is dead
For all the good opportunities the new government gets to serve people, it has one big disadvantage. The new government is just a ...
Tag: ibc
Best news of 2021: Indian Banks have finally weeded out the NPA mess
The promoters of the company who owed billions of dollars to the banks dragged insolvency resolutions for years using loopholes in the Indian ...
An NPA-ridden Indian banking sector has been “stabilised” by PM Modi, Moody’s says
Global credit rating agency Moody’s has finally got rid of its blinkers and revised the outlook for the Indian banking sector to stable from negative. ...
₹37,400 crore: IBC marks the biggest recovery of NPAs this year
In the past, crony capitalists have found a way to circumvent the democratic setup. They have been using public money for their businesses, ...
A news that will bring a smile on your face – Jet Airways can make a comeback
As National Company Law Tribunal (NCLT) has admitted the Jet Airways for bankruptcy resolution, the shares of the company witnessed a sudden rise ...
Public sector banks make the highest recovery of bad loans through IBC
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave the ...
How IBC contributed to LN Mittal’s ArcelorMittal taking control of Essar Steel
L N Mittal, UK based Indian billionaire is all set to take over the Essar Steel, the prized asset of Ruia family. The ...
IBC’s impact on banking sector- Looking back to 2018
India had ‘socialism without entry’ before economic liberalization in the early 1990s. This had a negative impact on the economy and gave ‘Hindu ...
Debunking the myth around India’s growth story
In a recent article published by The Indian Express, a very senior academic raised legitimate questions on India’s Growth Story. The essence of ...
Another success for IBC: Ruia’s desperate to pay loans of Essar Steel
The corporate culture in India was rammed by corruption and nepotism for decades. The Government used to spoon-feed selected established corporate houses through ...
Essar Steel lenders accept ArcelorMittal’s resolution plan offer of Rs 42,000 crore
On Friday the committee of lenders to Essar Steel accepted the bid of ArcelorMittal to purchase the debt ridden steel producer. ArcelorMittal is ...
More than Rs 1.1 lakh crore recovered so far through IBC
India did not have a healthy corporate culture for decades. The Government used to spoon-feed selected established corporate houses through public sector bank ...
