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2/3rd of stressed loans already recognised as NPAs by banks| CRISIL
September 2017
CRISIL estimates stressed assets in the banking system to be around Rs 11.5 lakh crore, or approximately 14 per cent of total advances, and does not expect this number to increase significantly over the medium term.
Pathmaker
October 2016
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Madhusudan Sahoo as Chairperson of the Insolvency and Bankruptcy Board for a period of five years or until further orders, whichever is the earliest, stated the order uploaded on the website of the department of personnel and training.
Insolvency and bankruptcy code | Resolving the NPA crisis
April 2016
The proposed code is a step in the right direction to bring about clarity in the legal framework and certainty and predictability in restructuring of debt and insolvency.
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