What is in store for ICA?
  • WebDesk BTVI
  • Apr 03 2019

ICA is still in soup as 58% of its lenders are yet to sign the ICA even after 8 months. Only 36 out of 85 lenders have signed the agreement. Lenders shied away from the deal despite RBI endorsements. With the SC verdict on RBI Circular, it is likely that banks and Finance Ministry will try to revive it.