Wednesday, August 4, 2021

Why the IBC is not the best bet in resolving distressed assets

Why the IBC is not the best bet in resolving distressed assets Factors such as low recovery rate, longer timeline for recovery, and high incidences of liquidation are making the IBC a bridge to nowhere for banks and financial institutions

from Moneycontrol Business News https://ift.tt/2WY2FBy

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...