Latest News on Ibbi
Showing of 0 - 10 from 10 results
Ibbi - Total results - 10
Dec 24, 2018
TCS, Wipro, IBM, 3 others shortlisted by Reserve Bank of India for setting up Public Credit RegistryThe Public Credit Registry would be the single point of mandatory reporting for all material events for each loan, notwithstanding any threshold in the loan amount or type of borrower.
Dec 06, 2018
At IBBI-FICCI huddle in New York, Arun Jaitley says bankruptcy code-led stressed assets sale 'great opportunity for foreign investors'India’s finance minister Arun Jaitley, principal economic advisor Sanjeev Sanyal and Chairman of the Insolvency and Bankruptcy Board of India (IBBI) M S Sahoo made a strong pitch for turbocharging foreign investment in Indian companies' stressed assets that will be going up for sale in the coming months.
Oct 31, 2018
Arun Jaitley holds high-level meeting to discuss liquidity issues; no discussion on RBI-govt differences, says reportUnlike in the past, all the four RBI deputy governors attended Tuesday's FSDC meeting along with Patel.
Sep 24, 2018
Revival of 45 bankrupt companies will meet 50% of lenders' claims: Insolvency and Bankruptcy Board chief MS SahooAbout 1,100 companies have been admitted in the Corporate Insolvency Resolution Process (CIRP) since the implementation of the Insolvency and Bankruptcy Code (IBC) in 2016
Jul 19, 2018
Insolvency and Bankruptcy Board working on cross-border insolvency norms, says chairman MS SahooGovt is keen to introduce a globally accepted cross-border insolvency framework, which would make India an attractive investment destination for foreign creditors
Jul 04, 2018
IBBI amends norms, notifies procedures for home buyers under insolvency proceedingsWith the amended norms, there is more clarity on procedural requirements for various classes of creditors, including home buyers.
Jun 14, 2018
Sebi plans revised norms for recovery of investors' money in cases of illegal collective investment schemesSebi plans to put in place revised norms for recovering investors' money in cases of illegal collective investment schemes, wherein a registered insolvency professional will be appointed as administrator to undertake sale of assets
Apr 16, 2018
NPA crisis: Loans worth Rs 2.72 lakh cr written-off since NDA government took over in 2014; just Rs 29,000 cr recoveredThe problem is that there aren’t enough buyers for stressed assets in India, at prices the banks expect, needed to compensate for their losses.
Dec 11, 2017
Insolvency and Bankruptcy Board issues norms for handling grievances under IBCThe regulations will be applicable for all stakeholders, including creditors, debtors and service providers.
Oct 07, 2016
Govt issues draft regulations for insolvency professionalsWhile the Code is in the process of being implemented, the government has already set up the Insolvency and Bankruptcy Board of India