Time the RBI moved afresh on bankruptcy (The Economic Times)

The Reserve Bank of India (RBI) should swiftly come out with its revised directive on the resolution of stressed assets, given that the country direly needs the Insolvency and Bankruptcy Code (IBC) to restore the health of the financial system. The revised directive will replace RBI’s February 12, 2018, circular that was struck down by…

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Updated: May 23, 2019 — 9:31 PM