EV bus penetration set to double next fiscal: Report dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
The introduction of India s bankruptcy law has positively influenced the credit culture, but Crisil Ratings reveals a decline in recoveries and prolonged resolution timelines. Recovery rates fell to 32% in September 2023, from 43% in March 2019, while average resolution time increased from 324 to 653 days, surpassing the stipulated 330 days.
Falling recovery rates and increase in resolution time dent IBC's success, says CRISIL thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
IBC recovery rates have fallen, even as average resolution time has increased: CRISIL Ratings thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Introduction of a focused bankruptcy law has helped improve the credit culture in India, but the last few years have seen a decline in recoveries and the resolution timelines getting prolonged, Crisil Ratings on Friday.
In a note to observe the seven years of the Insolvency and Bankruptcy