IBC returned Rs 3.4 lakh cr to banks, financial sector in eight years: IBBI Chief
Insolvency and Bankruptcy Code (IBC) will be completing eight years in two to three months. IBC has directly returned Rs 3.4 lakh crore to the creditors in the period.
ibbi
July 2024
October 2021
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With a debt recovery of 20% and liquidation of 29.7% cases, five years on, the Insolvency & Bankruptcy Code is hurting banks, businesses and the economy.
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