Friday, January 4, 2019

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

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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.

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