After India enacted tougher laws to deal with sticky loans and the central bank stepped in accelerate the pace of recoveries, finance executives have stumbled upon a career-growth opportunity based, ironically, on insolvency. The Insolvency and Banking Board of India (IBBI), set up last autumn and tasked with providing the framework for recovery proceedings, conducts exams that allow chartered accountants, company secretaries, cost accountants, and advocates to qualify as Independent insolvency professionals (IPs). It is not the cushiest jobs. This role has challenges and is equally promising. Read more at: http://economictimes.indiatimes.com/markets/stocks/news/the-rising-league-of-insolvency-professionals/articleshow/59450739.cms
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