Resolutions via IBC see a big fall in third quarter - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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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 Industry-Economic Times
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