Monday, February 21, 2022

BANKING

Under the Insolvency and Bankruptcy Code (IBC) framework, only the RBI can refer a finance company for insolvency proceedings. Lenders are of the view that a resolution under IBC will be a transparent process thus generate interest among prospective buyers, the people said.

from Banking/Finance-Industry-Economic Times https://ift.tt/nxedBXQ
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