Tag: IBA

Source:-https://www.moneycontrol.com The Supreme Court (SC) on January 4 directed the Indian Bank Association (IBA) and representatives of other banks to meet the court-appointed receiver in the Amrapali case to ensure that funding can be raised for unfinished projects in Noida and Greater Noida. The court’s direction came after the receiver R Venkatramani informed that he

Source: dnaindia.com The Reserve Bank’s new circular for resolution of stressed assets is propelled by provisioning requirements and gives more freedom to bankers in taking decisions, Indian Banks’ Association (IBA) Chairman Sunil Mehta said Saturday. Two months after the Supreme Court struck down its February 12 circular, the Reserve Bank of India (RBI) Friday came