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IBC: Finance Ministry asks banks to monitor top 20 IBC cases

The Finance Ministry has instructed the heads of public sector banks to monitor and review the top 20 cases under the Insolvency and Bankruptcy Code (IBC) as part of their bad assets management. Financial Services Secretary Vivek Joshi urged managing directors and CEOs of public sector banks to conduct monthly reviews of these cases for resolution.
Nirmala Sitharaman Vivek Joshi Financial Services National Asset Reconstruction Company Limited Asset Reconstruction Company Ministry On

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