Resolutions via IBC see a big fall in third quarter

Data from the Insolvency and Bankruptcy Board of India (IBBI) showed that financial creditors realised just 12% of their claims in the quarter-ended December, down from 34% in the quarter-ended September. Bankers said falling recoveries from the IBC and delays in resolution have pushed them to seek solutions out of the courts.

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