Thursday, June 19, 2025

BANKING

CareEdge reported that the IBC recovery rate improved to 32.76% in Q4FY25, up from 31.39% in the previous quarter, with the resolution-to-liquidation ratio also increasing significantly since FY18. Despite these improvements, creditors still face substantial haircuts of around 70% on admitted claims due to persistent delays and legal hurdles in the resolution process, particularly within the NCLT.

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