Clues by Admin • 23 Jul 2018, Monday
Led by SBI, the country’s lenders have agreed to sign an inter-creditor that hopes to speed up the process of stressed asset resolution. In an exchange filing, SBI said that its board has approved the signing of the ... Continue Reading
Read More at Bloomberg Quint
Clues by Admin • 11 Jul 2018, Wednesday
As many as 56 lenders are set to sign an inter-creditor agreement in a few days which will prohibit dissenting creditors from making an easy exit.  The agreement is based on a recommendation by the Sunil Mehta committee that looked ... Continue Reading
Read More at The Economic Times
Clues by Admin • 6 Jul 2018, Friday
With a view to fast-track NPA resolution, bankers on Thursday finalised the inter-creditor agreement (ICA) framework that envisages effective communication among lenders. ICA is a framework under which the consortium of lenders would take up NPA cases. The ICA will ... Continue Reading
Read More at Times of India

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