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Page-3 of Topic: Debt

Unintended Consequences of IBC

Insolvency and Bankruptcy Code (IBC) act was considered as a path breaking legislation which provided for a time bound resolution of insolvency and bankruptcy cases. The act was...

September 13, 2018

Pradeep Kumar Sinha committee constituted to address issues of stressed thermal power projects

The Union Government has constituted a high level empowered committee to address the issues of stressed thermal power projects. The committee will be headed by Cabinet Secretary, Pradeep...

July 31, 2018

Latest report of Moody’s Investors Service projects GDP growth forecast to 7.3% in 2018

The latest report of Moody’s Investors Service has cut India’s GDP growth forecast to 7.3% in 2018 from the previous estimate of 7.5% due to higher oil prices...

May 31, 2018

The Indian Overseas Bank signs Information Utility pact with NeSL

The Indian Overseas Bank (IOB) has signed Information Utility (IU) pact with National E-Governance Services Limited (NeSL) to share financial and security information under the Insolvency and Bankruptcy...

April 24, 2018

Committee on Public Credit Registry (PCR)

The Reserve Bank of India has constituted a 10-member ‘High Level Task Force on Phublic Credit Registry (PCR) for India’, which will, among other things, suggest a roadmap...

April 12, 2018

Bhutan to be recommended for graduation from UN’s Least Developed Country (LDC) category

The United Nations Committee for Development Policy (CDP) has recently announced that the four countries will be recommended for graduation from the Least Developed Country (LDC) category. These...

March 17, 2018

ICICI Bank launches instant overdraft ‘InstaOD’ facility for Micro, Small and Medium Enterprises (MSME)

The ICICI Bank has launched instant overdraft ‘InstaOD’ facility for Micro, Small and Medium Enterprises (MSME) in a completely online and paperless manner. Customers can get overdraft facility...

March 13, 2018

Moody’s Investors Service upgrades India’s sovereign ratings

International rating agency Moody’s Investors Service has recently upgraded the Government of India (GoI)’s local and foreign currency issuer ratings to Baa2 from its lowest investment grade (Baa3)...

November 17, 2017

Mamta Suri taken charge as new Executive Director of Insolvency and Bankruptcy Board of India (IBBI)

Dr. Mamta Suri has taken charge as Executive Director of Insolvency and Bankruptcy Board of India (IBBI) in New Delhi on August 16, 2017. Before joining IBBI, Dr....

August 20, 2017

The National Conference on “Insolvency and Bankruptcy: Changing Paradigm” was held in Mumbai

Arun Jaitley, the Union Minister of Finance, Defense and Corporate Affairs, was the Chief Guest at the National Conference on ” Insolvency and Bankruptcy: Changing Paradigm”, which was...

August 20, 2017

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