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Monday, June 7, 2021

Financial creditors may realise Rs 55,000-60,000 cr through IBC in FY22: Report

The realisation for financial creditors from the resolution of Corporate Insolvency Resolution Process (CIRP) under the IBC declined significantly in FY2021 with a total resolution amount of around Rs 26,000 crore, almost a quarter of the realisations in FY2020, the agency said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3uWT1dO

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