Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Indian banks stare at over ₹31,000 cr exposure in Bhushan Power liquidation blow
SBI, PNB and other Indian banks face over ₹3 lakh crore exposure in the Bhushan Power liquidation aftermath. This massive potential haircut underscores the risks in large corporate lending and the challenges of IBC resolutions. The situation may prompt banks to reassess their exposure to stressed sectors and strengthen risk assessment frameworks.