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"banking sector" tag

Bankruptcy Code, 2016 – Key Developments

A new dawn in India’s Ailing Banking Sector? A quick fix to broken banks? A game changer? Well, these were just a few phrases that described the much celebrated Insolvency & Bankruptcy code (IBC) that...

China unlocks lending rates

While the Reserve Bank of India (RBI) has stubbornly refused to respond to the Indian industry’s repeated pleas for lowering interest rates, its Chinese counterpart, the People’s Bank of China (PBOC) has begun implementing major...