The move for smooth implementation of the Insolvency & Bankruptcy Code and loan restructuring by banks, is crucial after the Supreme Court set aside the controversial February 12 circular issued by then governor Urjit Patel. The RBI was initially planning to issue the revised circular that is expected to give more flexibility in restructuring stressed loans.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2GJWNjk
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