![IBC recoveries declining, resolution timelines getting prolonged: Crisil](https://dailytalks.org/wp-content/uploads/2024/01/136477-ibc-recoveries-declining-resolution-timelines-getting-prolonged-crisil.jpg)
The introduction of India’s bankruptcy law has positively influenced the credit culture, but Crisil Ratings reveals a decline in recoveries and prolonged resolution timelines. Recovery rates fell to 32% in September 2023, from 43% in March 2019, while average…
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