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Daily Archives: August 17, 2016

Column: Bankruptcy code can help ease NPA pain – Financial Express

BankruptcyBy Insolvency GuardianAugust 17, 2016

The code provides banks with much-needed muscle to deal with NPA accounts; it enables them to realise the maximum value out of an asset once a firm is declared bankrupt. (PTI) Given the bad-loan crisis that grips the banking sector, the Bankruptcy Code brings greater certainty and speed with regard to filing, processing and…

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