India’s major public sector banks (PSBs) have doubled down on the Insolvency and Bankruptcy Code (IBC) and the National Company Law Tribunal (NCLT) framework to resolve years of accumulated bad debt, with FY 2025-26 annual reports revealing a sweeping and coordinated recovery effort that has materially transformed the asset quality of the country’s banking system.…
India’s Insolvency and Bankruptcy Code (IBC) has facilitated creditor recoveries exceeding INR 4 lakh crore over the past decade, while insolvency cases involving claims of nearly INR 14 lakh crore were resolved before admission to the National Company Law Tribunal (NCLT), according to data released by the Insolvency and Bankruptcy Board of India (IBBI) as…
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