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ArcelorMittal, Owed $1.4B, Targets Essar Over Alleged Fraud law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.
Why a bad bank is good - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Govt-Led Reforms Such As IBC Result In Recovery Of Bad Loans Worth Rs 5.5 Lakh Crore: Report swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Lok Sabha passes Insolvency and Bankruptcy Code (A) Bill, 2021 businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Reforms help banks recover Rs 5.5 lakh crore of bad debt: Govt Top Searches Reforms help banks recover Rs 5.5 lakh crore of bad debt: Govt Sidhartha / TNN / Updated: Jul 26, 2021, 05:16 IST FacebookTwitterLinkedinEMail NEW DELHI: The steps taken by the government over the last few years from enacting Insolvency & Bankruptcy Code (IBC)and strengthening other laws to administrative measures have helped banks recover around Rs 5.5 lakh crore of bad debt, including close to Rs 1 lakh crore from accounts that had been technically written off, top officials said. And, with indications that the build-up of non-performing assets (NPAs) is lower than anticipated, especially among large companies, the government believes that state-run lenders are well poised to meet the credit requirements, given that they are adequately capitalised. ....