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NCLT

A Dint on the PSB’s NPA Management

The global economy is in a downward trend, fueled by the 3rd wave of the pandemic. In India, the role of Public Sector Banks (PSB) who constitutes more than 65% of the banking system,...

Read more January 17, 2022 at 1:49 pm Kannan Neelamegan

Are Bad Banks here to Save the Corporates?

The Union Government has announced setting up of a Bad Bank (the name itself is bad), called the National Asset Reconstruction Company Ltd (NARCL).  It will buy loans above Rs.500 crores from the banks....

Read more September 29, 2021 at 1:07 pm Thomas Franco

Mallya, Choksi & Nirav Modi Should Have Gone the NCLT Route!

Harsh Goenka, Chairman, RPG Enterprise has stated, “Promoters slash away on the side, take the company to cleaners, get an 80% to 90% haircut from Bankers / NCLT.  That’s the new game in town”....

Read more June 26, 2021 at 5:06 pm Thomas Franco

In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economy

India Inc. is now officially facing an economic slowdown. But economic slowdowns aren’t made overnight. This has been in the offing for almost a year now. On 23 June 2019, the Reserve Bank of...

Read more August 10, 2019 at 11:06 am Firstpost

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done...

Read more December 21, 2018 at 1:10 pm The Economic Times

Haircut for the Lenders Under Insolvency and Bankruptcy Code!

When the Bill for ‘Insolvency and Bankruptcy Code, 2016’ was passed in parliament in May 2016, it was hailed as the biggest economic reform, only next to GST, by the current government. The Insolvency...

Read more September 1, 2018 at 1:14 pm Nishank

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Centre for Financial Accountability

Address: Address - R–21, Basement, South Extension-2, Delhi – 110049

Phone: +91-11-49123696
E-mail: info@cenfa.org
Website: http://www.cenfa.org/

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  • OUR MISSION

    Centre for Financial Accountability (CFA) aims to bring in accountability in financial institutions who lend money to development projects, through research and campaigns.

    CFA is a project of BIC Trust and CACIM

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