Insolvency and Bankruptcy Board of India (IBBI), which expects to soon operationalise the Insolvency and Bankruptcy Code, 2016 has set up two high-level panels to gather inputs from...
Insolvency and Bankruptcy Board (IBBI) of India have notified two Regulations- the IBBI (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016 and IBBI (Insolvency Professional...
The Modi government has completed a successful first 100 days. The success rests on the widely catching and an instant hit- Pradhan Mantri Jan Dhan Yojana, which will...
In a move targeted at preventing the continuous decline of Rupee, the Reserve Bank of India increased the limit of foreign investment in government bonds by $ 5...
The EU leaders have decided to use the Eurozone’s permanent bailout funds to support struggling banks directly, without raising government debt. EU leaders also agreed that bailout funds...
The Reserve Bank of India announced a number of steps, to aid revive the currency and the economy The measures include increasing limits for external commercial borrowings and...
Global Rating Agency, Moody’s Investment Services has kept India’s sovereign credit outlook stable. As per the agency a slowdown in growth and investment is expected to be transitory....
SBI temporarily exceeded RBI-set credit exposure limit for the consecutive 4th year in 2011-12 in case of loans given to Reliance Industries Limited (RIL). It also infringed RBI’s...
In the Union Budget 2006-07, the Indian Finance Minister had announced the subsidized 7% loan for farmers. A recent study by NABARD says that it actually translates into...
