Bad banks as a concept works efficiently when the domestic debt market is deep and the number of market participants is wide enough to allow sufficient price-discovery and market-making

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

Contrary to Centre's claims, a parallel private market for farm produce and negation of states' regulatory power are aimed at helping private businesses at the cost of farmers. The last thing distressed farmers need is exposure to unregulated market forces

Changes in RBI mandate, new infra financing models and rules for new-age banks can rev up the banking engines

A standing committee on the ARC sector should be formed which should meet quarterly to take stock of the developments and ways to improve the functional effectiveness of ARCs

Prescriptions from top experts in business, economics, politics and taxation

The Cabinet also approved appointment of a chief of defence staff (CDS), who will act as a single-point military advisor to the government. A department of military affairs headed by the CDS will also be constituted under the defence ministry

The letter dated November 11 asks insolvency professionals to give reasons for non-completion, and name the person(s) responsible for non-completion, if any, 'to enable the board to seek appropriate legal remedy permissible under the IBC for any contravention causing such non-completion'

Infosys asks law firm, auditors to complete 'unethical practices' probe in 2 weeksAs the probe into the allegations of \"unethical practices\" deepens with Sebi and US Securities and Exchange Commission investigating the matter, Infosys has also stepped up efforts on its part to allay fears of its investors. Infosys' audit committee has retained law firm Shardul Amarchand Mangaldas & Co to conduct an independent probe into the allegations. The company has both Shardul Amarchan...

India climbed the rankings by making it easier to do business in four of the 10 areas of business regulation that the report measures, namely business incorporation, getting construction permits, resolving insolvency and trading across borders

Three years down the line, resolution professionals have been able to dissolve just 11 companies until June under the Insolvency and Bankruptcy Code

As per theexisting provisions of the law, the IBC cases should be resolved within 270days. But there are cases which have not been resolved even two years afterthey were admitted due to appeals and litigation

Two high-profile RBI exits - Urjit Patel and Viral Acharya - have again opened the debate on the central bank's independence

Viral Acharya in October 2018 made a powerful speech lamenting that the government did not respect central bank's independence (with historic examples) and would sooner or later incur the wrath of financial markets, ignite economic fire and come to rue the day they undermined the regulatory institution

The government should use its massive mandate to find long-term solutions to the economy's structural problems

Despite its flaws and constraints, the insolvency law has given the desired results in the short run and it looks promising in the long term.

The good and the bad of Modi government's economic performance.

Despite tighter corporate governance norms that Satyam scam triggered, India Inc continues to shock investors.