Insolvency and Bankruptcy Code Archives - Centre for Financial Accountability

A Note on Agriculture Debt Relief in Maharashtra

In 2017, Maharashtra implemented an agriculture debt relief scheme that waived debt amounting to ₹18,762 crore. This was...

Article

Failing Resolutions, Faltering Recovery: Unchecked Vikas of Corporate Defaulters

The gap between the IBC’s intended purpose and its real-world uses raises worries about the overall economic impac...

Coverage General Indian Economy

Video

Insolvency & Bankruptcy Code- Claims and Reality

An interview with Dr. Sangeetha Ghosh, on five years IBC and the recent amendment of bringing MSME sector into the ambit...

Videos

Article

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the u...

General Indian Economy

Article

How ‘The insolvency and bankruptcy code’ helps to loot public money ‘legally’

A law called “The insolvency and bankruptcy code (IBC) 2016” was enacted in the parliament in May 2016 apparently to rec...

General Indian Economy

Article

Mallya, Choksi & Nirav Modi Should Have Gone the NCLT Route!

Harsh Goenka, Chairman, RPG Enterprise has stated, “Promoters slash away on the side, take the company to cleaners, get ...

General Random Reflections

Article

Snippets from the World of National Financial Institutions – August, 2019

Sovereign Debt: Liability in Perpetuity The announcement – made by Nirmala Sitharaman, Finance Minister of India in her ...

Bank Charges National Financial Institutions NFIs NPAs

Article

Report: Insolvency and Bankruptcy Code: Whose Loss, Whose Gain?

Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for q...

National Financial Institutions NFIs NPAs Publications

Article

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and ...

Coverage

Article

The Arbitrary Bank Charges must be Removed

Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of...

Bank Charges Blog

November 10, 2025

Devidas Tuljapurakar

A Note on Agriculture Debt Relief in Maharashtra

In 2017, Maharashtra implemented an agriculture debt relief scheme that waived debt amounting to ₹18,762 crore. This was followed by another debt relief program in 2019 for an amount of ₹20,497 crore. In the 2024 elections, almost all major political parties included an agriculture debt relief schem...

Debt Crisis & NBFCs General Indian Economy

Article

March 18, 2024

Nancy Pathak

Failing Resolutions, Faltering Recovery: Unchecked Vikas of Corporate Defaulters

The gap between the IBC’s intended purpose and its real-world uses raises worries about the overall economic impact. Amidst the pursuit of debt recovery, the banking sector is witnessing an erosion of public money. The collateral effects of Insolvency and Bankruptcy Code (IBC)-induced haircuts...

Coverage General Indian Economy

Article

March 11, 2026

CFA Admin

Insolvency & Bankruptcy Code- Claims and Reality

An interview with Dr. Sangeetha Ghosh, on five years IBC and the recent amendment of bringing MSME sector into the ambit of IBC. Watch the video here: ...

Videos

Video

July 23, 2021

CFA Admin

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

Insolvency and Bankruptcy Code was brought in 2016 with a huge fan flare and was presented as a magic solution for the underlying problem of corporate bad loans. After 5 years, we can see its reality, of it being another piece of legislation that didn’t solve the problem despite continuous amendment...

General Indian Economy

Article

July 19, 2021

C P Krishnan

How ‘The insolvency and bankruptcy code’ helps to loot public money ‘legally’

A law called “The insolvency and bankruptcy code (IBC) 2016” was enacted in the parliament in May 2016 apparently to recover the mounting Non-Performing Asset (NPA) from the corporate sector. This law enables the Banks and other creditors to refer NPA accounts to IBC. On November 30, 2016, the rules...

General Indian Economy

Article

June 26, 2021

Thomas Franco

Mallya, Choksi & Nirav Modi Should Have Gone the NCLT Route!

Harsh Goenka, Chairman, RPG Enterprise has stated, “Promoters slash away on the side, take the company to cleaners, get an 80% to 90% haircut from Bankers / NCLT. That’s the new game in town”. He has tweeted this to the Prime Minister of India. Sowmya Datta, General Secretary, ‘All India Bank Offic...

General Random Reflections

Article

August 23, 2019

Ashish Kajla

Snippets from the World of National Financial Institutions – August, 2019

Sovereign Debt: Liability in Perpetuity The announcement – made by Nirmala Sitharaman, Finance Minister of India in her maiden budget speech – that India will look for options to raise funds from external markets in foreign currencies, has been criticised by several economists, including former gove...

Bank Charges National Financial Institutions NFIs NPAs

Article

September 13, 2019

Nishank

Report: Insolvency and Bankruptcy Code: Whose Loss, Whose Gain?

Insolvency and Bankruptcy Code (IBC), once hailed as the panacea of all ills plaguing bad debt of corporations and for quick recovery of outstanding loans from them, has been in operations for a while now. What we have seen is, on the one hand, large corporates wriggling out of bad debts lightly and...

National Financial Institutions NFIs NPAs Publications

Article

February 19, 2019

The Economic Times

How We’re Legalising the ‘Bezzle’

Much has been written about the nonperforming asset (NPA) crisis plaguing the Indian banking system. The Insolvency and Bankruptcy Code (IBC) has been widely hailed as the silver bullet. But it has arguably done more to systematically ‘destroy value’ in the economy than any other legislation in the ...

Coverage

Article

May 1, 2019

Ashish Kajla

The Arbitrary Bank Charges must be Removed

Banks act as financial intermediaries between depositors and borrowers. It is the public money, deposited in the form of term deposit (fixed deposits) and time deposit (saving & current accounts) which banks use for lending to borrowers. Since public money is important for the banking sector as ...

Bank Charges Blog

Article

Categories

Insolvency and Bankruptcy Code

A Note on Agriculture Debt Relief in Maharashtra

Failing Resolutions, Faltering Recovery: Unchecked Vikas of Corporate Defaulters

Insolvency & Bankruptcy Code- Claims and Reality

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

How ‘The insolvency and bankruptcy code’ helps to loot public money ‘legally’

Mallya, Choksi & Nirav Modi Should Have Gone the NCLT Route!

Snippets from the World of National Financial Institutions – August, 2019

Report: Insolvency and Bankruptcy Code: Whose Loss, Whose Gain?

How We’re Legalising the ‘Bezzle’

The Arbitrary Bank Charges must be Removed

A Note on Agriculture Debt Relief in Maharashtra

Failing Resolutions, Faltering Recovery: Unchecked Vikas of Corporate Defaulters

Insolvency & Bankruptcy Code- Claims and Reality

Insolvency of ‘Insolvency and Bankruptcy Code’ – Booklet

How ‘The insolvency and bankruptcy code’ helps to loot public money ‘legally’

Mallya, Choksi & Nirav Modi Should Have Gone the NCLT Route!

Snippets from the World of National Financial Institutions – August, 2019

Report: Insolvency and Bankruptcy Code: Whose Loss, Whose Gain?

How We’re Legalising the ‘Bezzle’

The Arbitrary Bank Charges must be Removed