What is bankruptcy in UAE?

The new bankruptcy law in UAE will help businesses and organisations to overcome the credit challenges arising from emergency situations. This is due to a completely different way of analysing by even taking into consideration the surrounding and prevailing situation of the concerned person or entity. You can read about Insolvency And Bankruptcy Code (IBC) – IBC Amendment Bill 2021 [UPSC Notes GS III] in the given link.

Further readings:

  1. Non Performing Assets (NPA) – Facts for UPSC GS-III
  2. Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19

Related Links

List of Different Types of Banks in India- Category and Functions

The Reserve Bank of India: Functions and Composition

Statutory Liquidity Ratio (SLR) – Definition, Objectives, Impacts

List of Co-operative Banks in India

Indian Banks’ Association (IBA) – A Brief Overview

Cash Reserve Ratio – Importance, Advantages & Effects

Previous Years Economics Mains Questions for UPSC General Studies Paper – 3

Download Indian Economy Notes For UPSC Examination

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