While the Indian banking sector’s financial parameters such as bad loans and capital adequacy have shown an improvement in recent times, the overall health of banking sector will depend on revival in economic growth, the Reserve Bank of India (RBI) said in its Report on Trend and Progress of Banking in India 2018-19. “The health […]
The finance minister will review the implementation of the resolution framework for COVID-19 related stress in bank loans. Source: thehindu.com Related
The government moved the National Company Law Appellate Tribunal (NCLAT) against an order passed by National Company Law Tribunal (NCLT) to make the Ministry of Corporate Affairs (MCA) a party in all applications filed under the Insolvency and Bankruptcy Code as well as the Companies Act. In a petition moved through the MCA, the government […]
