IBC prompted borrowers to adhere to stipulated payment schedules: IIM-B study

IBC prompted borrowers to adhere to stipulated payment schedules: IIM-B study

The enactment of Insolvency and Bankruptcy Code (IBC) in 2016 has injected discipline in the credit allocation process and has prompted borrowers to adhere to stipulated payment schedules, said a study by Indian Institute of Management, Bangalore submitted to India’s banking regulator Insolvency and Bankruptcy Board of India (IBBI). The study titled Behavioral Impact of […]

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IBBI taking steps to address issues related to resolution process, says official

IBBI taking steps to address issues related to resolution process, says official

The Insolvency and Bankruptcy Board of India (IBBI) is taking steps to address various issues and concerns related to the insolvency resolution process, an official said on Friday. The IBBI is a key institution in implementing in the Insolvency and Bankruptcy Code (IBC). Sandip Garg, Executive Director at IBBI, said the code had kept pace […]

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