NIBM to hold 2-day workshop on banking

Sakal Times
Sunday, 1 October 2017

Pune: In the wake of the ballooning NPAs, which have become a major concern for the Indian banking industry, the city-based National Institute of Banking Management (NIBM) is organising a two-day workshop on  Insolvency and Bankruptcy Code.

Pune: In the wake of the ballooning NPAs, which have become a major concern for the Indian banking industry, the city-based National Institute of Banking Management (NIBM) is organising a two-day workshop on  Insolvency and Bankruptcy Code.

According to officials from NIBM, the passing of the Insolvency and Bankruptcy Code in Parliament in May 2016 has come as a paradigm shift. “The Code which specifically stipulates the time frame for recovery is a promising new landscape for banks in India. In keeping with its mandate to play a proactive role of a think-tank of the banking industry, NIBM is organising a two-day workshop on Insolvency and Bankruptcy Code on October 3 and 4, at its campus in Pune,” the officials stated.

The officials added that Finance Secretary of Government of India, Ashok Lavasa will be Chief Guest for the workshop. “Eminent speakers include Chairman of Insolvency and Bankruptcy Board of India, Dr MS Sahoo and Technical Member National Company Law Appellate Tribunal, Balvinder Singh. Other speakers for the workshop include Executive Director of Reserve Bank of India, Executive Director  of Securities and Exchange Board of India, Chairman from Indian Institute of Insolvency, professionals from ICAI as well as some of the leading commercial bankers and insolvency professionals,” they added.

They stated that the workshop has generated a lot of interest from banks and financial institutions. 

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