Currently, the Ethics Committee of the Rajya Sabha is studying whether to expel independent MP Vijay Mallya from the membership of the House
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms.
FM Arun Jaitley also said that various measures had been taken to deal with the issue of NPAs in banking sector
The proposed insolvency and bankruptcy code might contain some answers to India's rickety bankruptcy laws
The move to keep the entire financial services sector out of the Code is misplaced and must be revisited