Creditors’ recovery via IBC surges to 36% of admitted claims in FY23

Data from the Insolvency and Bankruptcy Board of India (IBBI) showed that out of the total admitted claims of Rs 1.42 lakh crore, creditors realised rs 51,425 crore in FY23, compared to Rs 49,208 crore realised from admitted claims of Rs 2.14 lakh crore a year ago.

from Banking/Finance-Industry-Economic Times https://ift.tt/D1zP8os