Punjab National Bank organises workshop on Insolvency Resolution Framework in India

New Delhi: Punjab National Bank (PNB), the country's leading Public Sector Bank, organized a workshop on Insolvency Resolution Framework in India at its Multipurpose Hall at Corporate Office, Dwarka, Sector -10, New Delhi . The workshop was graced by Injeti Srinivas (IAS) Secretary, and Gyaneshwar Kr Singh (IP&TA & FS), Joint Secretary, Ministry of Corporate Affairs, Government of India. L V Prabhakar & Agyey Kr Azad, Executive Directors of PNB , Executive Directors from Insolvency and Bankruptcy Board of India ( IBBI) and senior officials from 17 major Banks of India participated in the workshop. The inaugural address was made by Sunil Mehta, Chairman Indian Banks Association and Managing Director & CEO of PNB. Welcoming the participants, Mehta stressed upon the importance of Insolvency and Bankruptcy Code 2016 (IBC) as a very effective forum for resolution of stressed assets in India.