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RBI deputy governor pitches for IBC reforms to focus on corporate groups, financial services providers

Swaminathan delivered these comments at the Conference on Resolution of Stressed Assets, and IBC organised by CAFRAL in Mumbai on January 10.

There is a need to look at resolution of conglomerates as part of IBC reforms agenda: RBI Deputy Governor Swaminathan

RBI chief favours financial creditor-led resolution framework for stressed assets

Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of the country's central bank said ..

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.

Pre-packaged insolvency process can be potential game changer for resolving stressed assets: Shaktikanta Das

The Insolvency and Bankruptcy Board of India (IBBI) is a key institution in implementing the IBC.