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Zee Business Budget ‘Samvad’ @ BSE: D-Street veterans discuss market, MF and more with Anil Singhvi

MEA says revised US factsheet mirrors ‘shared understanding’ on interim trade deal

Coal India profit falls 16% in Q3FY26; declares Rs 5.5 interim dividend

Buying gold or silver? Motilal Oswal explains if bullion prices can hit fresh record highs

The BSE is stated to have already filed proceedings against the seven defaulting companies before the NCLT on account of their failure to pay annual listing fees over a period of time.&nbsp;

BSE to file case against defaulting listed companies under IBC

The bankruptcy law was enacted to ensure time-bound settlement of insolvency and enable ease of doing business as the bad loans in the banking system has touched the roof.

Bankruptcy code can help deepen bond markets: Ajay Tyagi

Gross NPAs have crossed 9.6 per cent as of March 2017, while the stressed loans ratio is over 12 per cent.

NPA resolution not to liquidate cos, but to help save them: FM Jaitley

Terming the non-performing assets (NPAs) or bad loans problem as a 'legacy issue', Arvind Panagariya said that even after three years of the NDA government taking charge, it has not gone away.

NPA resolution to spur credit expansion, growth: Panagariya

The finance minister Arun Jaitley said the pressure was on those who were blocking important legislations, disrupting parliament or when there was a time gap when the GST amendment was not allowed to be passed.

GST not an easy reform to implement, says FM Jaitley

The Chennai bench of NCLT has admitted the application filed by the employees after the hotel failed to pay arrears of salary, gratuity and leave salary.&nbsp;

Now individuals can also seek NCLT help to recover dues

The public sector bank had registered a net profit of Rs 161.66 crore in the corresponding April-June quarter of 2016- 17 fiscal.

Vijaya Bank Q1 net jumps over 57% to Rs 255 crore

First test of India's new bankruptcy law offers cautionary tale

RBI had said it has identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore of outstanding loans accounting for 25 per cent of total NPAs of banks.

NCLT priority for insolvency: RBI partially retracts statement

The ministry has been asking banks to take tough action against such borrowers and be ready to fight court cases as well.&nbsp;

Have zero tolerance on NPAs; fight cases: Finmin to banks

According to the norms, once the case is with the NCLT, the lenders or the banks need to set up a committee of creditors that will come up with a plan on how the asset will be tackled.

More companies expected to follow Essar Steel's footsteps; what does this mean for loan resolution? 

RBI said, "The&nbsp;Internal Advisory Committee (IAC) recommended for IBC reference all accounts with fund and non-fund based outstanding amount greater than Rs&nbsp;5000 crore, with 60% or more classified as non-performing by banks as of March 31, 2016. The IAC noted that under the recommended criterion, 12 accounts totaling about 25%&nbsp;of the current gross NPAs of the banking system would qualify for immediate reference under IBC."

These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

Lanco Infratech becomes the first company to be pushed towards insolvency for its bad loans.&nbsp; 
&nbsp;

As Lanco Infratech walks towards NPA resolution; other defaulters' shares gain

RBI had asked bankers to bring the identified 12 defaulters before NCLT by the end of this month.&nbsp; 
&nbsp;

Shares of these 12 companies plunge as banks begin meet to resolve NPA issue 

Non-performing assets (NPAs) of public sector banks (PSBs) have gone past the Rs 6 lakh crore mark, the bulk of which are in sectors such as power, steel, road infrastructure and textiles.

FM Jaitley to take stock of NPAs at review meet on June 12

According to a top official from IBBI, the government's&nbsp;Insolvency and Bankruptcy Code is likely to be operational in next three months.

Insolvency And Bankruptcy Code: First information utility to be operational in 3 months

The proposal is to fast-track the insolvency resolution process for three classes of entities -- start-ups, small companies and companies or Limited Liability Partnerships (LLPs).

Govt plans to put fast-track insolvency resolution process for start-ups

For fiscal year 2015-16, the public sector banks had gross advances of Rs 51,04,915 crore, of which Rs 5,02,068 crore (9.83%) was categorised as gross non-performing assets (GNPA), cited Minister of State for Finance Santosh Gangwar in his written reply to Lok Sabha.

Public sector banks gross NPA hits 9.83% in FY16; rises to 11.82% by September 2016

Officials and experts say the passing of the legislation before May 31 can help India improve its rankings in the World Bank

Lok Sabha passes Insolvency and Bankruptcy Code

insolvency-and-bankruptcy-code

At the SBI Banking and Economics Conclave 2025 in Mumbai, Governor Sanjay Malhotra said regulatory and structural reforms by the RBI helped the State Bank of India transform from a loss-making entity in 2018 to a USD 100 billion company. 

RBI reforms helped SBI rise from 2018 losses to USD 100 billion valuation: Governor Sanjay Malhotra

The IBC has undergone six major amendments since its enaction in 2016. This time around, the 2025 IBC Amendment Bill could bring the biggest set of changes, according to the sources.

Major Insolvency and Bankruptcy Code overhaul likely before Winter Session? Here's what industry seeks

CCI approves Jindal Power's acquisition of Jaiprakash Associates under insolvency proceedings

Despite glaring infirmities, the Committee of Creditors (CoC) proceeded to approve the plan, effectively depriving both creditors and shareholders of their statutory right to a fair and fully informed evaluation of the proposal.

HNGIL Insolvency Sparks Regulatory Storm: Legal notice flags foreign funding irregularities, market manipulation, systemic risks, calls for RBI-SEBI probe

The HNGIL case may well become the defining test of whether the country's Insolvency and Bankruptcy Code (IBC) -- enacted in 2016 to offer a consolidated and time-bound process for the resolution of insolvency and bankruptcy cases -- can deliver on its promise of a swift, transparent, and credible insolvency regime.

Hindusthan National Glass & Industries Insolvency Saga: A case that may redefine IBC

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Insolvency And Bankruptcy Code

BSE to file case against defaulting listed companies under IBC

Bankruptcy code can help deepen bond markets: Ajay Tyagi

NPA resolution not to liquidate cos, but to help save them: FM Jaitley

NPA resolution to spur credit expansion, growth: Panagariya

GST not an easy reform to implement, says FM Jaitley

Now individuals can also seek NCLT help to recover dues

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These two companies stand to gain immensely if India goes ahead with steel sector bankruptcies

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Public sector banks gross NPA hits 9.83% in FY16; rises to 11.82% by September 2016

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Top News

Bears Dominate Dalal Street! Sensex opens 772 points lower, Nifty dips below 25,600 – IT, metals, FMCG lead losses

Nifty IT Crash: Top 10 tech firms including TCS, Infosys, Wipro bleed Rs 1.68 lakh crore in mcap – Should you buy dip?

Anil Singhvi Market Strategy (Feb 13): How to trade Nifty50, Nifty Bank today

Stocks to Watch: Coal India, Hindalco, ONGC, IHCL, Defence & Infra stocks to remain in focus today

Dankuni–Surat Dedicated Freight Corridor: Indian Railways fast-tracks 2,100 km east-west link—Here's what to know

Silver Price Crash: White metal slumps 9%, MCX near-month futures crack below Rs 2,39,350 mark—What's fuelling the fall?