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News
Insolvency and Bankruptcy Code 2016
Insolvency and Bankruptcy Code 2016 News
SC homebuyers
03 Oct 2017
Want to help homebuyers: Supreme Court
It asked Saeed to file an application for impleadment as a party in the pending insolvency proceedings matter.
Jaypee insolvency case
18 Sep 2017
SC allows homebuyers to intervene in Jaypee insolvency matter
The home buyers in their plea had sought a direction to the government and others that this code "shall not curtail the legal statutory and vested rights of the flat owners/ buyers as consumers" defined under Consumer Protection Act.
stressed loans
14 Sep 2017
NPAs to touch 10.5% by March as banks recognise entire stress
The 9.5 percent NPA figure for March 2017 includes only two-thirds of the overall stressed assets.
Reserve Bank
26 Jun 2017
Banks may have to take 60% haircut on 12 largest NPAs: Crisil
The strong steps taken by Reserve Bank to resolve NPAs are likely to raise provisioning by a whopping 25 per cent this year as lenders will take up to 60 percent hair cut while resolving these accounts.
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