{
Trishanku Swarga

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Indian banks face tough choices amid declining insolvency recovery rates

Recovery rates for Indian lenders under the Insolvency and Bankruptcy Code (IBC) have continued to decline in Q2, presenting a challenging dilemma. Banks face the tough choice of pursuing the IBC, risking minimal returns, or forgoing it entirely, which could mean losing any chance of recovering funds from defaulted borrowers.
Moneycontrol
Trishanku Swarga Insolvency and Bankruptcy Code IND
Finance & Economy, Market Report
03:48 27.11.2024
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