Topic: loan recovery
Any belief that the Insolvency and Bankruptcy Code has not performed better than the erstwhile mechanisms of recovery is not supported by facts.
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.
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.
He also said that recoveries, lending ability of banks and credit growth are all improving.
Home sales volumes are said to have declined about 40% over four years and prices dropped as much as 20% on average.
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’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the currency.
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.
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.