Saturday, August 24, 2024

BANKING

Research showed that while just 15% of insolvency cases have claims over Rs 1,000 crore, they make up 90% of recoverable value. Specialized tribunals are being recommended to expedite high-value cases, and Finance Minister Nirmala Sitharaman proposed new NCLT benches to tackle these concerns and improve resolution times.

from Banking/Finance-Industry-Economic Times https://ift.tt/qEwFvr6
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