Insolvency and Bankruptcy Code (IBC) Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

IBC recovery best in Q4

Banks could see one of the best quarterly recoveries after the Covid-19 crisis in the fourth quarter of FY23 under

Insolvency and Bankruptcy Code (IBC) has helped lenders get Rs 80,000 crore in 66 cases and another about Rs 70,000

State Bank of India Chairman Rajnish Kumar said amendments in the Section 29A of the Insolvency and Bankruptcy Code (IBC)

Creditors have recovered Rs 49,783 crore, around 56% of their registered claims, from 32 stressed companies where insolvency resolution plans

STRESS IN BANKING INDUSTRY The slowdown in economic growth is primarily caused by the stress on the banking sector’s balance-sheet,

The Union Cabinet gave its approval for an ordinance to amend the insolvency law so as to, among other things,

After formation of National Company Law Tribunal, one and half year ago, over 4,300 cases have been filed at its