M Nagaraju's Workshop: Revamping IBC Like a True Ninja!

Hey, everyone! M Nagaraju, the fearless leader of the Department of Financial Services, kicked off an epic workshop to tackle the new Insolvency and Bankruptcy Code rules! This gathering was all about teaming up to boost our financial system, making it as strong as a ninja! With over 8,800 cases tackled, it’s time to believe in the power of revival and value maximization, believe it!

Quick rundown

1.Workshop held to discuss IBC impact on banking.

2.Amendments aim to strengthen insolvency framework.

3.Focus on timely resolution of stressed assets.

4.Group insolvency allows single court resolution.

5.Over ₹4.11 trillion realized through CIRPs.

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