Lenders have recovered Rs 3.89 lakh crore against admitted claims of Rs 12 lakh crore through resolution plans under the Corporate Insolvency Resolution Process (CIRP) till March 2025, resulting in a recovery rate of 33%. This means on average bankers have taken a haircut of 67% from CIRPs which yielded in resolution. However, the recovery is 163% of the total liquidation value (Rs 2.30 lakh crore) of the companies which got resolved through insolvency resolution process.
The total number of insolvency cases yielding resolution plans rose to 1,194 by March 2025, up from 947 in FY2023-24. At the end of FY24, the total recovery was to the tune of Rs 3.36 lakh crore.
Of the 1,194 cases, lenders in 172 cases had admitted claims exceeding Rs…