Cabinet gives nod for amendments to Insolvency and Bankruptcy Code New Delhi, March 10 (SocialNews.XYZ) The Union Cabinet has given its approval for amendments to the Insolvency and Bankruptcy Code, potentially clearing the way to introduce the IBC Amendment Bill in the ongoing parliamentary session, according to sources. The proposed legislative updates are based on the recommendations of a Select Parliamentary Committee chaired by Bharatiya Janata Party MP Baijayant Panda.

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IBC has helped banks recover Rs 10 lakh crore stuck in bad debt: RBI Deputy Governor - Yes Punjab News RBI's M. Rajeshwar Rao discusses IBC's role in improving bank asset quality and facilitating Rs 10 lakh crore in debt settlements at the international insolvency conclave.

IBC has helped banks recover Rs 10 lakh crore stuck in bad debt: RBI Deputy Governor yespunjab.com?p=70817

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