debt recovery News

PepsiCo India Wins Legal Battle as NCLAT Rejects Insolvency Plea Over Disputed Interest Claims

The NCLAT dismissed an insolvency petition against PepsiCo India, ruling that the IBC cannot be used for debt recovery over disputed interest claims, upholding the NCLT's earlier d...

Perfios Strengthens Fintech Portfolio with Strategic Acquisition of AI-Powered CreditNirvana

Perfios, a B2B SaaS fintech company, has acquired CreditNirvana, an AI-driven debt management platform, to enhance its collections and debt management capabilities. This strategic ...

RBI Simplifies Settlement Process for ARCs with Defaulters: A New Era for Debt Recovery

The RBI has eased norms for ARCs to settle with defaulters, allowing for quicker recovery of bad debts. New policies simplify the process for smaller loans and delegate decision-ma...