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ARCs seek tweaks in inter-creditor agreement to protect their interests

Asset reconstruction companies (ARCs) aren't happy with the 'standstill clause' which prohibits lenders from selling their loans to anyone but other banks and NBFCs once a borrower is referred for resolution under inter-creditor agreement

3 min read20 Aug 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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infosys

Shares of Infosys were up by 0.43% at closing.

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