The Economic Times

IBC 10-year anniversary scorecard: Over Rs 4 lakh crore realised, big implications for credit markets, economic efficiency

The Insolvency and Bankruptcy Code has helped creditors recover over Rs 4 lakh crore rupees. The Code has revived many distressed companies. It also reduced banking sector non-performing assets significantly. Recoveries through IBC have improved, boosting investor confidence and economic growth.