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Eye On India: Resolution beyond IBC

In what comes as a major setback for the Reserve Bank of India, the Supreme Court has declared the central bank's bad loan resolution framework which came into effect from February 12, 2018 as unconstitutional. This has come to be known as the 'Feb 12 Circular'.

In what comes as a major setback for the Reserve Bank of India, the Supreme Court has declared the central bank's bad loan resolution framework which came into effect from February 12, 2018 as unconstitutional. This has come to be known as the 'Feb 12 Circular'.

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