India financial stability

Insolvency Law Main Factor in Improving Health of Country’s Banking Sector: FM in Lok Sabha

Business News Desk1 week ago1 week ago03 mins mins

India’s Finance Minister, speaking in the Lok Sabha, highlighted the Insolvency and Bankruptcy Code (IBC) as the single most important factor in strengthening the health of the country’s banking sector. The minister emphasized that the law has transformed the way banks deal with stressed assets, reduced non-performing assets (NPAs), and restored confidence in the financial…

Economy

India Bonds Steady as Debt Switch Plan Fails to Spur Moves

Business News Desk2 months ago2 months ago03 mins mins

India’s bond market remained steady despite the government’s recent debt switch plan, which aimed to ease repayment pressures and improve liquidity management. The initiative, designed to swap short-term debt with longer-term securities, did not trigger significant movements in yields or investor sentiment, reflecting cautious optimism and a wait-and-watch approach among market participants. Background The debt…

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Insolvency Law Main Factor in Improving Health of Country’s Banking Sector: FM in Lok Sabha

India Bonds Steady as Debt Switch Plan Fails to Spur Moves