IBC’s Rs 50,000 crore NPA resolution success! Creditors recover more than half of their money

Creditors have recovered Rs 49,783 crore, or almost 56% of their admitted claims, from 32 stressed companies where insolvency resolution plans were approved by the National Company Law Tribunal (NCLT) by the end of June, showed data compiled by the insolvency regulator. 

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2nL3VTF