₹3.5 lakh cr bad loans recovered under IBC, 1,000 cases resolved in 8 years: IBBI
In the last two years, the NCLT has approved 450 resolutions. Thus, 45% of the total resolutions have been approved in the last two years.
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October 2024
July 2024
October 2021
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.
The feats & failures of IBC: Why it must change
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.
Centre to clip banks' wings amid alert over deep haircuts in insolvency
MCA to soon begin deliberations with RBI, finmin on IBBI recommendations to bring in a code of conduct
How to enable friction-free business
GOI has brought several changes in the industrial sector over the years to ease business. While some enterprises like IBBI and Telecom are struggling, some measures seem promising.
