Friday, January 4, 2019

FM says banks have recovered Rs 80,000 Cr through IBC

Image result for insolvency and bankruptcy code


Finance Minster Jaitley says that within two years of the IBC coming into being, 66 cases have been resolved, with creditors realizing around ₹80,000 crore.

 FM expects 12 big cases such as Bhushan Power and Essar Steel to get resolved before the end of March, realizing around ₹70,000 crore for creditors.


No comments:

Post a Comment