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RBI s Das envisages framework for Group Insolvency Mechanism under IBC

RBI s Das envisages framework for Group Insolvency Mechanism under IBC
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Group insolvencyGroup insolvency mechanismReserve bankShaktikanta dasBankruptcy codeOperational creditorsFinancial creditors

RBI Governor pushes for group insolvency mechanism, market for stressed assets

On stressed assets, RBI Governor Shaktikanta Das said one major impediment for implementing a successful resolution plan has been the absence of a vibrant market for stressed assets in the country.

Adjudicating authoritiesShaktikanta dasGroup insolvency mechanismStressed assetsUsiness newsNdian express