Thursday, 30 June, 2022
TopicLoan recovery

Topic: loan recovery

What critics of Insolvency and Bankruptcy Code get wrong about the recovery model

Any belief that the Insolvency and Bankruptcy Code has not performed better than the erstwhile mechanisms of recovery is not supported by facts.

Bankruptcy, job cuts, no investment – Indian firms face new crises as loan moratorium ends

Indian businesses still trying to cope with a collapse in demand must now figure out how to pay back loans or face closure after moratorium ended 31 Aug.

Essar case shows Bankruptcy Code is another Indian law ruined by endless litigations

The right measure to evaluate the IBC is not the yardstick of what happened under SICA or DRT laws, but what is happening now – a 270-day deadline for resolving cases.

Bad debts & NPA have declined while loan recovery has picked up: FM Jaitley

He also said that recoveries, lending ability of banks and credit growth are all improving.

Banks take over land, unfinished projects as housing slump puts $20 billion loans at risk

Home sales volumes are said to have declined about 40% over four years and prices dropped as much as 20% on average.

On Camera

YourTurn

Representational image | Islam devotees offer Friday prayers during Ramadan, Patna, April 2022 | PTI

Quran says no one can limit others’ freedom. Udaipur killing violates Islam’s golden rule

Throughout history, Islamic scholars have uniformly agreed that respecting and obeying the law of the land is an essential aspect of faith.
The Reserve Bank of India logo | Photo: Suraj Singh Bisht | ThePrint

RBI intervenes with multi-pronged strategy in battle against rupee fall

The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
×