A Strong Trading Mind
- Thread starter amitrandive
- Start date
Reserve Bank of India ( RBI) governor Raghuram Rajan said the country was in need of clearer procedures when companies go bankrupt and called for new rules to remedy the situation.
"We need a bankruptcy code. We need equity to be seen as equity and debt to be seen as debt. Today there's a lot of confusion... We need that confusion to be changed," he said.
Read more at:
http://economictimes.indiatimes.com/
"We need a bankruptcy code. We need equity to be seen as equity and debt to be seen as debt. Today there's a lot of confusion... We need that confusion to be changed," he said.
Read more at:
http://economictimes.indiatimes.com/
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