Featured policy signals
IBC Marks 10 Years Boosting Credit Recovery
- The Insolvency and Bankruptcy Code (IBC) completed a decade, facilitating over ₹4 lakh crore recovery for creditors and improving asset resolution efficiency.
- It has reduced non-performing assets in the banking sector notably, with faster resolutions and higher recovery rates.
- The code’s institutional reforms have enhanced credit discipline and revived distressed firms, strengthening India’s financial ecosystem.
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Implication
Improved recovery under IBC lowers banking sector risk and supports lending confidence.