IBC finds lost treasure for banks; other bad loan recovery tools fail to recreate same success

While commercial banks recovered a whopping Rs 70,819 crore of stressed assets in FY19 under the government’s flagship scheme Insolvency and Bankruptcy Code (IBC), other recovery methods failed to recreate IBC success,

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