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The vexatious issue of connected lending - The Hindu BusinessLine

The vexatious issue of connected lending - The Hindu BusinessLine
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India , Malaysia , Indonesia , Russia , Thailand , Bangladesh , Spain , Japan , Argentina , Mexico , Chile , Brazil

SFBs mull transitioning into universal banks - The Hindu BusinessLine

SFBs mull transitioning into universal banks - 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.

Raj-vikash-verma , Baskar-babu , Rajeev-yadav , Group-to-review-extant-ownership-guidelines , Au-small-finance-bank , Corporate-structure-for-indian-private-sector-bank , Internal-working-group , Review-extant-ownership-guidelines , Corporate-structure , Indian-private-sector-bank , Reserve-bank , Vikash-verma

India's Sustained Economic Recovery Will Require Changes to Its Bankruptcy Law - Carnegie India - Carnegie Endowment for International Peace

Summary
One of the key drivers of economic recovery in India will be the efficient movement of capital from inefficient firms to efficient ones. The economic downturn caused by the coronavirus pandemic has been severe, and India’s economy was one of the worst affected in 2020–2021. Though the economy is recovering faster than initial estimates, sustained economic recovery will not take place if stressed businesses cannot restructure their debts properly or if failing firms cannot be resolved efficiently. India’s bankruptcy law is key to solving these challenges.
In 2016 India enacted the Insolvency and Bankruptcy Code, 2016 (IBC), which was a landmark reform to the nation’s financial system and the first comprehensive law to regulate insolvency.

India , Japan , Mumbai , Maharashtra , United-states , Paris , France-general , France , United-kingdom , Washington , New-delhi , Delhi

PSB acquirer will have to meet 'Fit and Proper' criteria, says RBI

The new owner should ensure that the bank is well capitalised: Shaktikanta Das

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