Appoint Pillai as BCCI observer, Lodha panel tells SC – The Hindu

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Insolvency & Bankruptcy Code may help unlock Rs 25K crore NPAs: Report – Economic Times

NEW DELHI: Effective implementation of Insolvency and Bankruptcy Code can potentially release about Rs 25,000 crore capital over next 4-5 years currently locked in bad loans, according to a report. “If implemented successfully, the code will help India’s banking sector catch up with or even exceed the recovery rates of 32 per cent and average…

NAB cuts entry-level advisers and restructures to improve consistency – Professional Planner

National Australia Bank has restructured its branded financial planning business in a bid to provide better support for advisers, and will cut almost two-thirds of its entry-level advice positions to lift the overall standard of qualifications and improve the consistency of advice provided to clients. The general manager of NAB Financial Planning, Tim Steele, says back…