IBC results in 4% reduction in overall leverage: IBBI Study
The Insolvency and Bankruptcy Code (IBC) has triggered a paradigm shift in India’s corporate debt landscape, fostering fiscal discipline while enabling strategic adjustments for distressed firms, according to a recent study by the Insolvency and Bankruptcy Board of India (IBBI). The study shows that after implementation of IBC, there has been a broad-based reduction in…