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PTI
December 30, 2018
The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats.


BusinessToday.In
New Delhi, December 19, 2018
In a written reply to a question in the Rajya Sabha, Shiv Pratap Shukla, Minister of State for Finance, said the Centre has initiated the formulation of several laws to secure prudential banking and instil a culture of credit discipline.


Anand Adhikari
December 17, 2018
Currently, except for the RBI there are appellate tribunals in the financial system for other bodies. The decisions of the appellate authority can then be challenged in the Supreme Court.


PTI
November 24, 2018



PTI
October 1, 2018



BusinessToday.In
October 1, 2018
Finance Minister Arun Jaitley on Monday blamed the aggressive lending by public sector banks (PSBs) under UPA rule for rise in NPAs.


Anand Adhikari
New Delhi, August 6, 2018
It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.


Anand Adhikari
March 26, 2018
The NCLT is a quasi-judicial body that adjudicates all the cases related to Indian companies and also the bankruptcy cases. There are already more than 600 bankruptcy cases where there is a time bound mechanism of 180 days (maximum 270 days) to restructure a case or approve liquidation of the company.


PTI
December 24, 2017
Bad loans of Public sector banks (PSBs) stood at Rs 7.34 lakh crore by the end of second quarter this fiscal, a bulk of which came from corporate defaulters, according to Reserve Bank data.


PTI
December 24, 2017



Anand Adhikari
New Delhi, November 1, 2017
This is the big fear among banks, which are now making a last ditch effort through the new bankruptcy code, to get their money back.


Sunil Kanoria
NA, April 15, 2017
Decisive and swift action in the form of systemic reforms is needed to deal not only with the stock of existing NPAs but also to arrest their creation


PTI
August 1, 2016
Against the backdrop of Vijay Mallya episode, the Lok Sabha on Monday passed a bill that provides for expeditious recovery of bad loans by the banks, with the government saying the country cannot have a banking system where people take loans and do not repay.


PTI
New Delhi, June 27, 2016
Kotak also questioned whether nationalisation of banks served the purpose of checking disproportionate lending to big businesses, as most of the stress on their books is today due to loans to big corporates.


By Dipak Mondal
Delhi, June 16, 2016
The Bankruptcy And Insolvency Act, passed in the Budget session of Parliament this year, is meant to change this by mandating a new framework for debt recovery and time-bound resolution of cases, limiting the scope for judicial review, and laying a clear roadmap for how such cases are to be handled.


By Dipak Mondal
Delhi, May 18, 2016
The Bankruptcy Code Bill, which was passed by both the Houses recently, has been hailed by the Finance Minister as the most significant reform after the proposed Goods and Services Tax. The Bill seeks to drastically bring down the process of winding up an insolvent company.


By Anand Adhikari
Delhi, March 30, 2016
Kingfisher, with an outstanding debt of Rs 9,000 crore, is just one case. The total money stuck in bad loans was a staggering Rs 4 lakh crore at the end of March 2015. The figure was Rs 1 lakh crore just five years ago.


Anand Adhikari
February 29, 2016
FM Arun Jaitley has opened the door for ARCs to strengthen their capital by hiking the sponsor's stake in ARCs from a maximum of 50 per cent to 100 per cent.


Dipak Mondal
December 23, 2015
TK Vishwanathan, chairman of the committee that drafted the new Bankruptcy Code speaks about government's mission to usher in sweeping changes to the country's bankruptcy law.


Anand Adhikari
September 18, 2015
Let's look at how the new bankruptcy code will change the life for lenders especially banks, corporate borrowers, the banking system as a whole and also for the economy.


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