Ibc Resolution News

Industry

PNB pins hope on asset sale, IBC resolution to raise Rs13,000 crore

PNB is planning to sell stake in its arm PNB Housing Finance, where it holds 39.08%, and also sell its property at Bhikaji Cama Place in Delhi, among other things

1 min read2 Jun 2018
Companies

Essar Steel creditors may extend deadline to sign agreements with bidders

The deadline for a binding agreement is fixed by the resolution professional and approved by the committee of creditors. The deadline for Essar Steel is in the last week of December

2 min read21 Dec 2017
Industry

PNB puts 9 large stressed accounts under insolvency and bankruptcy resolution

PNB said there is a trend of declining stress on its balance sheet

1 min read8 Aug 2017

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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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