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IBC data key for handling complex cases: RBI Dy Governor
The Business Guardian
|December 19, 2024
M Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI), highlighted the importance of institutionalising data under the Insolvency and Bankruptcy Code (IBC) to provide valuable insights and precedents for handling complex cases.
In his inaugural address on December 7, at the International Conclave, jointly organised by the IBBI and INSOL India, in New Delhi, the RBI DG stated that such data needs to be gathered in a structured manner so that it can be disseminated for the benefit of all stakeholders involved.
While acknowledging the substantial progress made in cleaning up banks' balance sheets, the Deputy Governor also underscored potential areas of improvement.
यह कहानी The Business Guardian के December 19, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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