Mumbai: Creditors have realised nearly Rs 4 lakh crore under resolution plans implemented through the Insolvency and Bankruptcy Code (IBC) up to September 30, 2025, according to the Reserve Bank of India’s Financial Stability Report released on Wednesday.
Since the corporate insolvency resolution process (CIRP) came into effect in December 2016, a total of 8,659 cases have been initiated, of which 6,761, or 78.1 per cent, have been closed.
The RBI noted that the primary objective of the IBC is the rescue of financially distressed corporate debtors.
During April–September 2025, the code facilitated the rescue of 187 corporate debtors, taking the cumulative number of successful resolutions since inception to 3,865.
As of September…

