Search For "ibc"
SC upholds Insolvency and Bankruptcy Code in entirety
Updated : 7 years, 1 month ago IST
New Delhi (India), Jan 25 (ANI): The Supreme Court on Friday upheld the Insolvency and Bankruptcy Code (IBC) in a landmark judgment which will bar defaulting promoters from bidding for their own assets.
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International Buddhist Confederation delegation meets Biplab Deb, discusse
Updated : 7 years, 2 months ago IST
Agartala (Tripura) [India], Jan 5 (ANI): Members from the International Buddhist Confederation (IBC) met Tripura Chief Minister Biplab Kumar Deb on Friday to discuss the opening of a Buddhist University in the state.
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'IBC has direct, indirect impact of Rs 3 lakh crore on NPAs'
Updated : 7 years, 3 months ago IST
New Delhi [India], Nov 24 (ANI): Ministry of Corporate Affairs (MCA) Secretary Injeti Srinivas said that the Insolvency and Bankruptcy Code (IBC) has an impact of around Rs 3 lakh crore on non-performing assets (NPAs).
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IBC helping banking sector clean up bad loans: Jaitley
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 27 (ANI): Union Finance Minister Arun Jaitley on Saturday said the Insolvency and Bankruptcy Code (IBC) is helping the banking sector of the country in cleaning up bad loans, adding that the fear of the IBC has made defaulters approach their respective banks to clear t
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'Bankruptcy code will help deepen corporate bond market'
Updated : 7 years, 5 months ago IST
New Delhi [India], Oct 07 (ANI): A recent study has noted that India's corporate bond market, which contributes 17 per cent to the country's Gross Domestic Product(GDP) and is highly concentrated in the AAA rated bonds, is expected to change once the Insolvency and Bankruptcy Code (IBC) brin
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Jaitley underscores need for banks to crack down on frauds
Updated : 7 years, 5 months ago IST
New Delhi [India], Sep 25 (ANI): Union Finance Minister Arun Jaitley on Tuesday highlighted the impact of the formalisation of the Indian economy - through the Insolvency and Bankruptcy Code (IBC), GST, demonetisation and digital payments - on Public Sector Banks (PSBs), while also stress
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CEPR, NITI Aayog join hands for IBC 2018 to address issues of India's Bank
Updated : 7 years, 6 months ago IST
New Delhi [India], (ANI/Business Wire-India), Aug 22: Centre for Economic Policy Research (CEPR) along with its knowledge partner and the government Think Tank, NITI Aayog are organizing two-day India Banking Conclave 2018 (IBC) in New Delhi between August 23-24, 2018.
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Lok Sabha passes Insolvency and Bankruptcy Code amendment bill
Updated : 7 years, 7 months ago IST
New Delhi [India], July 31 (ANI): The Lok Sabha on Tuesday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018.
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Promulgation of IBC ordinance to empower home buyers
Updated : 7 years, 9 months ago IST
New Delhi [India] Jun 6(ANI): Ministry of Corporate Affairs Secretary Injeti Srinivas opined that with the promulgation of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, home buyers will now be given the status of financial creditors.
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President gives nod to ordinance treating home buyers as creditors
Updated : 7 years, 9 months ago IST
New Delhi [India], Jun 6 (ANI): President Ram Nath Kovind on Wednesday gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, providing significant relief to home buyers by recognising their status as financial creditors.
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Centre approves ordinance to amend insolvency code
Updated : 7 years, 9 months ago IST
New Delhi [India], May 23 (ANI): The Centre has approved an ordinance to amend the Insolvency and Bankruptcy Code (IBC), providing a relief to home buyers.
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Global firms with combined market cap of USD 8.9 trillion come to India
Updated : 7 years, 10 months ago IST
New Delhi [India], April 27 (ANI): International Business Congress ("IBC"), an international non-governmental and non-profit organisation with 122 members from 28 countries worldwide, held its annual general meeting for the first time in India at the invitation of Mr. Hemant Kanoria, Chairma
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