Insolvency And Bankruptcy Code May Help Unlock Rs. 25000 Crore Bad Loans: Report – NDTV

: Effective implementation of Insolvency and Bankruptcy Code can potentially release about Rs 25,000 crore of capital over the next 4-5 years currently locked in bad loans, according to a report. “If implemented successfully, the code will help India’s banking sector catch up with or even exceed the recovery rates of 32 per cent and average time taken of 2.8…