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Personal Finance

Lenders today began meeting to initiate proceedings against 12 stressed accounts identified by the Reserve Bank to be referred under the Insolvency and Bankruptcy Code (IBC), sources said. The post Lenders meet to chart action plan for 12 large NPA accounts appeared first on The Financial …
06.19 / 17:12
financialexpress.com
Moody's Investors Service today said the initiation of insolvency proceedings on 12 large loan defaulters is credit positive for Indian banks as it will improve their overall asset quality. The post RBI move on insolvency proceedings credit positive: Moody’s appeared first on The Financial …
06.19 / 14:32
financialexpress.com
Bankers are meeting from Monday to finalise their next course of action on six of the 12 bad loan accounts for immediate referral to NCLT after the RBI named the largest defaulters to face bankruptcy proceedings. The post Bankers to meet from Monday to decide on large defaulters appeared first on The Financial …
06.18 / 11:02
financialexpress.com