The nationwide lock-down was first announced on March 24. It was further extended 3 times to contain the contagion of covid19. Now the country is slowly opening up in tranches. Slowly and steadily the lock-down conditions may be relaxed in areas where the impact of covid19 pandemic is relatively less or even negligible. Certain states […]
Continue ReadingThe government has recently made an announcement to suspend proceedings against defaulters under the Insolvency Resolution and Bankruptcy Code for up to one year. This is generally viewed upon as a big relief for Corona affected corporate loan defaulters. But then what is there in store for the Bankers whose balance sheets are already stressed […]
Continue ReadingCovid19 is a global pandemic. It has badly affected the health and wealth of nations in a short span of few months. Many governments resorted to economic stimulus of varied sizes and spent heavily on creating suitable infrastructure in a desperate attempt to save people infected by it while keeping the economic activities under mass […]
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