Fri, Sep 08, 2017
Acharya said, " The Reserve Bank has now advised banks to resolve some of the other accounts by December 2017; if banks fail to put in place a viable resolution plan within the timelines, these cases also will be referred for resolution under the IBC."
More >
Fri, Sep 01, 2017
Axis Bank stated that RBI has directed the bank to finalize and implement viable resolution plan for the identified second list of defaulters as on June 2017.
Wed, Aug 30, 2017
RBI is initiating insolvency proceedings for defaulters who account about 60% banks stressed assets. After identifying 12 accounts, RBI has guided banks over second list of defaulters for insolvency.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
