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India's forex reserves decline $727 mn
In May, debt-laden Bhushan Steel Ltd earned the distinction of being the first successful resolution under the IBC, when it was acquired by Tata Steel. Photo: Mint

Cracking India’s bankruptcy code

6 min read . 02 Aug 2018
The big unknown is whether RBI’s new guidelines will lead to the declaration of more bad loans and hence, more provisioning and higher losses. Photo: Aniruddha Chowdhury/Mint

The RBI got this one right

4 min read . 20 Feb 2018