However, a successful outcome is far from easy as any settlement with promoters under Section 12A of Insolvency and Bankruptcy Code (IBC) needs approval from 90% of lenders.
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidity
ICICI Bank secured approximately $17.88 billion via the RBI’s special swap facility. This mobilization provides the bank with substantial foreign-currency funding for loans. Loans extended