“This will empower banks and add to the set of measures against defaulters,” said Central Bank of India MD & CEO Pallav Mohapatra. Defaulters have been facing the heat with the passage of the Insolvency and Bankruptcy Code (IBC) as they now risk losing their business.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2DTGuBU
