Jaypee Infratech, a real estate and infrastructure company, was among the initial 12 companies the Reserve Bank of India (RBI) had referred to the National Company Law Tribunal (NCLT) in August 2017 under the Insolvency and Bankruptcy Code (IBC).
RBI probing banks’ derivatives books amid IndusInd fallout, sources say
India’s central bank is examining derivatives exposures of some private and state-run banks days after IndusInd Bank disclosed lapses in its derivatives accounting, three sources
March 12, 2025