Definition
IBBI
IBBI is the Insolvency and Bankruptcy Board of India, the regulator that oversees the insolvency resolution ecosystem under the Insolvency and Bankruptcy Code.
The IBBI regulates insolvency professionals, their agencies, and information utilities, and frames the detailed rules that operationalise the Insolvency and Bankruptcy Code. The Code created a time-bound process to resolve or liquidate stressed companies, shifting the balance of power toward creditors.
By standardising the conduct of resolution professionals and the resolution process, IBBI aims to maximise asset value and improve recovery for lenders. Its functioning is central to addressing the bad-loan problem and improving India's ease-of-doing-business and credit culture.
Related terms
- SEBISEBI is the Securities and Exchange Board of India, the statutory regulator of the securities markets, protecting investors and overseeing exchanges, intermediaries and listed companies.
- Reserve Bank of India (RBI)The RBI is India's central bank and monetary authority, responsible for issuing currency, setting policy rates, regulating banks and managing the government's debt.
- FSDCFSDC is the Financial Stability and Development Council, the apex body that coordinates among financial regulators to monitor systemic risk.
Plain-English explainer from The Dispatch Investors Encyclopedia. General information, not financial advice.