Recents in Beach

RBI not in favour of fresh insolvency freeze

The Reserve Bank of India (RBI) has shot down suggestions of a fresh suspension of the Insolvency & Bankruptcy Code (IBC) due to the second wave of Covid-19, while making it clear that banks can still restructure distressed but viable loans, ensuring that their balance sheets remain transparent.​



May 17, 2021 at 04:33AM

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