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India's insolvency framework wins global praise; S&P upgrades ranking

S&P Global Ratings has upgraded India's insolvency regime to Group B from Group C, citing improved creditor-friendliness and a record of successful resolutions under the IBC. The code has strengthened credit discipline, leading to increased recovery rates and reduced resolution times for bad loans, though further observation is needed on certain aspects.

3 Dec 2025 12:10 pm