Judiciary to be in sync with bankruptcy law to ensure banks can recover dues: Uday Kotak

Uday Kotak, CEO of Kotak Mahindra Bank, stated that India needs to fix its judiciary system related to the bankruptcy law to ensure that banks are able to recover money from borrowers. Speaking at the launch of his book 'Made in India' in the presence of RBI Governor Shaktikanta Das, Kotak also highlighted the need for a well-coordinated system to support audacious corporate moves.

from Banking/Finance-Industry-Economic Times https://ift.tt/5nu3Xh9