Guarantors too will be in insolvency net

The regulations will also signal the government and the IBBI’s intent to move ahead with personal insolvency matters, including on proprietorship & partnership firms and individuals.

from Banking/Finance-Industry-Economic Times https://ift.tt/2PmgeSu

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How IBBI has made homebuyers’ votes count in resolution process

Those who could not vote will get another chance after the CoC meeting minutes are circulated

from Business Line - Money & Banking https://ift.tt/2pFXsu9

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Ayushman: With ceiling price not clear, insurers still unsure of claims burden

If ceiling is set low, an insurance company may have to bear a higher burden

from Business Line - Money & Banking https://ift.tt/2ykiPVZ

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The IL&FS effect: Financiers brace for tighter regulation

A spate of money market defaults by Infrastructure Leasing & Financial Services Ltd. has put the spotlight on non-bank finance companies.

from Banking/Finance-Industry-Economic Times https://ift.tt/2OIC5GM

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‘Trying out everything is a riskier road for NBFCs’: Vishal Kampani

Its group managing director Vishal Kampani believes that successful NBFCs would have a higher promoter ownership, should grow at a conservative pace, and stick to a monoline model of business.

from Banking/Finance-Industry-Economic Times https://ift.tt/2OOjDwE

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