Tag
#Banking Sector
Daily Important
EconomyPrelims + Mains
Chandra’s settlement comes as IBC turns 10, with bank haircuts at five-year high
The bankruptcy proposal put forth by Subhash Chandra with a haircut of 99.97% has once again opened the debate on IBC. It throws light on many of the issues relating to resolution versus recovery, related-party voting, and personal guarantors.
31 Aug 2026 5 min
Daily Important
EconomyPrelims + Mains
Lok Sabha Passes Bill Allowing Banks to Levy Charges on UPI
The Taxation and Other Laws (Amendment) Bill 2026 would help the government tweak the zero-MDR regime applicable on the Unified Payments Interface (UPI) and RuPay without having to introduce charges immediately. The move is an attempt to bring more flexibility into the system in light of India-US trade worries.
7 Aug 2026 5 min