Bankruptcy Code Isn't Enough; We Need SUUTI-Like Body To Take O...

08/03/17


Swarajya

Bankruptcy Code Isn't Enough; We Need SUUTI-Like Body To Take On Banks' Toxic Assets
Swarajya
First, the RBI, which has no experience in running a bank, will end up taking an aggregated approach in deciding which cases should be sent to the bankruptcy courts. Its very first decision, which involves sending 12 big defaulters to the National ...

[more]