[Co-author: Rajeswari Sengupta]
On 4 May, the President promulgated the Banking Regulation (Amendment) Ordinance, 2017. This adds sections 35AA and 35AB to the Banking Regulation Act, 1949 ("BRA").
[Co-authors: Gausia Shaikh and Bhargavi Zaveri]
[Co-authored with Ajay Shah and Avirup Bose]
The world of high technology companies is seen as a dynamic area with a rapid pace of creative destruction. There is, however, a class of industries where there are strong network effects, where the market tends to collapse into a narrow set of ...
[Co-authored with Mayank Mishra and Smriti Parsheera]
[Co-authored with Pratik Datta]
The key test of any default resolution process is: how much value is recovered by the lender? The most important factor that determines this amount is the time taken to complete the resolution. India has set up many recovery mechanisms that have given us long ...