Bad debt: SC asks finance ministry to explain steps taken for recovering NPAs
SC has also asked the Finance Ministry to inform as to what safeguards it is bringing in to curb bad debt.
Apr 26, 2016, 13:34 PM ISTGST roll out likely by Apr'17: HSBC
The long-awaited goods and services tax (GST) bill is likely to be passed this year and this new indirect taxes regime is likely to be rolled out from April next year, says an HSBC report.
Apr 21, 2016, 15:45 PM IST
Insolvency Code to make start, exit easy for startups: Nirmala
Insolvency and Bankruptcy Code will make it easy for a budding entrepreneur to start or exit from the startup business, Commerce and Industry Minister Nirmala Sitharaman said on Thursday.
Mar 17, 2016, 16:26 PM ISTAddressing governance issues could help reducing NPAs: Report
Addressing governance issues of banks reeling under high NPAs and passing of the bankruptcy code could help in reducing bad loans in the banking system, says a report by CARE Ratings.
Feb 19, 2016, 19:40 PM ISTBankruptcy bill in Lok Sabha, FM Jaitley says country can't wait for reforms
Finance Minister Arun Jaitley, while moving the 'Insolvency and Bankruptcy Code, 2015 Bill' for consideration and passage, said the country is going through a "critical" phase and "economic legislation has to go on".
Dec 22, 2015, 20:50 PM ISTGST to be on 'top priority', says Arun Jaitley
"Our roadmap for the coming months (is that) GST will be a top priority. My bankruptcy code is almost ready, hopefully I'll take it to Parliament in the winter session," he said.
Oct 06, 2015, 12:49 PM ISTBankruptcy Code can help resolve NPAs, deepen corporate bond market: RBI
RBI Governor Raghuram Rajan on Friday welcomed the Finance Ministry's move to bring in a Bankruptcy Code, saying it will help bankers resolve asset stress and also infrastructure financing by deepening the corporate bond market.
Sep 18, 2015, 19:13 PM IST
SBI says bankruptcy code can't solve all problems for banks
State Bank of India (SBI) Monday raised questions over the bankruptcy code being readied by the government, citing past experiences, while stressing on the need for a change in the overall 'ecosystem' to tide over the problem of bad loans.
Aug 31, 2015, 22:19 PM ISTBankruptcy code, litigation policy to be ready soon: FM Jaitley
To improve ease of doing business, government will soon finalise three new important laws - the litigation policy, the bankruptcy code and an arbitration law, Finance Minister Arun Jaitley said Tuesday.
Aug 18, 2015, 22:57 PM ISTIndia needs bankruptcy code: Raghuram Rajan
Rajan said there should also be clear distinction between debt and equity.
Aug 13, 2014, 22:08 PM IST