RBI seeks to steer more companies to bankruptcy court: Reports
The Reserve Bank of India (RBI) has asked banks to send at least 20 companies that defaulted on their debts to bankruptcy court if their problems are not resolved by about mid-December, a senior banker with direct knowledge of the matter said on Wednesday.
Aug 30, 2017, 12:17 PM ISTGerman tennis legend Boris Becker declared bankrupt
The bankruptcy application was made by private bankers Arbuthnot Latham & Co in connection with a judgment debt owed them by Becker dating back to 2015.
Jun 21, 2017, 20:58 PM IST