The IMF’s sanction of a $1 billion lifeline to Pakistan was reportedly linked to U.S. pressure for a ceasefire, with the remaining funds contingent on full compliance. Reports following the IMF meeting suggested that the U.S. had “pressured” the Islamic …

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To resolve disputes and recover funds from loan defaults, bankers must choose paths other than litigation, writes ICICI Bank General Counsel Nilanjan Sinha. The Indian judicial system has been overwhelmed with a backlog of pending cases, many of which are …