Insolvency and Bankruptcy Code

Defunct assets, robust economy — why cases under IBC are stretching ever longer & yielding less

Many cases that have been pending for a long time are legacy cases from the previous Board for Industrial and Financial Reconstruction (BIFR), which the IBC replaced in December 2016. …

Khara: Seeing good flow of loans, expect corporate demand to pick up

by Mark McDuffie

MARRAKECH: State Bank of India (SBI) chairman Dinesh Khara says his bank is seeing a good flow of loans and expects corporate demand to pick up. In an interview, he …

ibc: Average resolution time under IBC touches three-year high in June quarter: Report

by Mark McDuffie

The average time taken for resolution of stressed assets under the insolvency law reached a three-year high in the June quarter, according to a report. The longest delay was 643 …