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News Digest: RBI rates Unchanged, Auto expo went green in 2018

The insolvency regulator has amended rules to prevent low bidding for stressed assets being restructured through the National Company Law Tribunal

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RBI signals long pause, flags inflation risks

The Reserve Bank of India (RBI) kept policy rates unchanged for the third consecutive time. Governor Urjit Patel indicated that the recent rise in bond yields was beyond the control of the central bank and a result of fiscal profligacy by the government and the rise in rates in advanced economies. Read More

Regulator tweaks insolvency rules to raise bid value

The insolvency regulator has amended rules to prevent low bidding for stressed assets being restructured through the National Company Law Tribunal (NCLT). Through a notification, the Insolvency and Bankruptcy Board of India