IBC is a deep reform, much more than GST and note ban: Birla
Aditya Birla Group Chairman Kumar Mangalam Birla has said the Insolvency and Bankruptcy Code is a "deep reform", much more than GST and demonetisation. He added that banks will be more cautious in lending and the balance sheets of companies will matter more than before. Birla further said he expected Indian economy to grow between 7-8% over next few years. 