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Top 10 biz headlines: RBI MPC, MFs in FY19, misleading health ads, & more

From RBI MPC to misleading health ads, Business Standard brings you top 10 business stories that made news on Wednesday

rbi, reserve bank of india
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The Reserve Bank of India

BS Web Team New Delhi
Govt in damage control mode after SC verdict, Sec 35 may be invoked

Bruised by the Supreme Court’s verdict on the Reserve Bank of India’s (RBI’s) February 12, 2018, circular on resolving bad debt, the government is planning to authorise the central bank to refer companies to the Insolvency and Bankruptcy Code (IBC) on a case-by-case basis. Read on...

IL&FS financial arm's GNPAs touch 90% in Dec against 5% in Mar 2018: Board

The Infrastructure Leasing & Financial Services (IL&FS) board on Wednesday presented a status report on the group’s financials and the asset monetisation plan, six months after the government-appointed