Ministry of Finance press release · 9 March 2026 · pibtracker filter

Secretary, DFS chairs Review meeting to monitor the progress of Public Sector Banks to expedite pending cases at NCLT

PRID2237168 MinistryMinistry of Finance Released9 March 2026 Reading7 min

Meeting emphasises on expediting resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes Posted On: 09 MAR 2026 7:17PM by PIB Delhi Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), chaired a review meeting today to monitor the progress in top Insolvency and Bankruptcy Cases (IBC) cases pending for admission and resolution at National Company Law Tribunal (NCLT). The meeting was attended by senior officials of DFS, the top management of Public Sector Banks and the Insolvency and Bankruptcy Board of India. During the meeting, the progress on cases that have been admitted and rescued during the year was acknowledged. It was informed that twenty high value accounts have been resolved through admission/assignment/disposal at NCLT with the coordinated efforts of all stakeholders. A detailed review of top twenty accounts pending for admission and ten accounts pending for resolution was undertaken for early expedition of pending cases. During the deliberations, the issues related to pending IBC cases were addressed. Banks were advised to take collaborative approach in resolution of pending cases for asset value maximization, improving recoveries, and ensuring time-bound objectives. Banks were urged to increase their efforts in minimizing the number of adjournments and delays in filing CIRP applications. The Chief Executives of all PSBs were advised to keep monitoring the top cases pending for admission and resolution. The meeting concluded with an emphasis on expediting the resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes. **** NB/AD (Release ID: 2237168) Visitor Counter : 9508 Read this release in: Gujarati , Urdu , हिन्दी , Tamil Ministry of Finance Secretary, DFS chairs Review meeting to monitor the progress of Public Sector Banks to expedite pending cases at NCLT Meeting emphasises on expediting resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes Posted On: 09 MAR 2026 7:17PM by PIB Delhi Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), chaired a review meeting today to monitor the progress in top Insolvency and Bankruptcy Cases (IBC) cases pending for admission and resolution at National Company Law Tribunal (NCLT). The meeting was attended by senior officials of DFS, the top management of Public Sector Banks and the Insolvency and Bankruptcy Board of India. During the meeting, the progress on cases that have been admitted and rescued during the year was acknowledged. It was informed that twenty high value accounts have been resolved through admission/assignment/disposal at NCLT with the coordinated efforts of all stakeholders. A detailed review of top twenty accounts pending for admission and ten accounts pending for resolution was undertaken for early expedition of pending cases. During the deliberations, the issues related to pending IBC cases were addressed. Banks were advised to take collaborative approach in resolution of pending cases for asset value maximization, improving recoveries, and ensuring time-bound objectives. Banks were urged to increase their efforts in minimizing the number of adjournments and delays in filing CIRP applications. The Chief Executives of all PSBs were advised to keep monitoring the top cases pending for admission and resolution. The meeting concluded with an emphasis on expediting the resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes. **** NB/AD (Release ID: 2237168) Meeting emphasises on expediting resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes" /> Shri M. Nagaraju, Secretary, Department of Financial Services (DFS), chaired a review meeting today to monitor the progress in top Insolvency and Bankruptcy Cases (IBC) cases pending for admission and resolution at National Company Law Tribunal (NCLT). The meeting was attended by senior officials of DFS, the top management of Public Sector Banks and the Insolvency and Bankruptcy Board of India. <img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image001FEC1.jpg" style="height:451px; width:602px" /> During the meeting, the progress on cases that have been admitted and rescued during the year was acknowledged. It was informed that twenty high value accounts have been resolved through admission/assignment/disposal at NCLT with the coordinated efforts of all stakeholders. A detailed review of top twenty accounts pending for admission and ten accounts pending for resolution was undertaken for early expedition of pending cases. During the deliberations, the issues related to pending IBC cases were addressed. Banks were advised to take collaborative approach in resolution of pending cases for asset value maximization, improving recoveries, and ensuring time-bound objectives. Banks were urged to increase their efforts in minimizing the number of adjournments and delays in filing CIRP applications. The Chief Executives of all PSBs were advised to keep monitoring the top cases pending for admission and resolution. The meeting concluded with an emphasis on expediting the resolution of pending cases and addressing procedural inefficiencies for improving recovery outcomes.    **** NB/AD " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); } }); var width = $(window).width(); if (width $(document).ready(function () { var width = $(window).width(); if (width @media print { .sticky-social, .sticky-social_mb, .pull-right, #printPDF { display: none !important; } } .f_vl { padding-right: 30px; font-size: 17px; cursor: pointer; } .log_oo { // width: 20%; display: flex; justify-content: space-between; } .log_oo img { width: 150px; /*width: 100%; height: auto;*/ } .sticky-social_mb { position: fixed; bottom: 0px; padding: 0px; margin: 0px; width: 100%; } .social_mb { list-style: none; display: flex; width: 100%; margin-bottom: -8px; } .social_mb a { padding: 8px 0px; font-size: 30px; transition: all 0.8s ease-in-out; width: 20% !important; text-align: center; } .section1 { position: relative; padding: 10px 0px; 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font-weight: 600 !important; } } /* === Film Roll Badge Styling(IFFI2025 countdown) === */ .film-roll-badge { position: absolute; top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

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pib.gov.in · PRID 2237168

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Secretary, DFS chairs Review meeting to monitor the progress of Public Sector Banks to expedite pending cases at NCLT

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