The Economic Survey highlighted that the recovery rate in NPAs in SCBs has approximately doubled from 13.2 per cent in FY18 to 26.2 per cent in FY25. The slippage ratio of SCBs, which measures the amount of new accretion to NPAs during the FY as a percentage of standard loans and advances as
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) are encouraging. They could help improve recovery rates and reduce resolution timelines. Still, credit rating agency ICRA noted that the changes do not address long-standing structural issues in the real estate sector, which
Bangalore (Karnataka) [India], September 22: A leading digital lender achieves a breakthrough 80%+ early recovery rate, establishing a new industry benchmark as Neowise bridges AI automation with human expertise across India's diverse regional markets.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved Fair and Remunerative Price (FRP) of sugarcane for sugar season 2025-26 (October-September) at Rs 355 per quintal for a basic recovery rate of 10.25 per cent, providing a premium of Rs 3.46 per qui
Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise 700-1,000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, the CRISIL Ratings said in its report.
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved the Fair and Remunerative Price (FRP) of sugarcane for Sugar Season 2024-25 at Rs 340 per quintal at sugar recovery rate of 10.25
Mumbai (Maharashtra) [India], September 26: ReCircle has experienced a remarkable leap in waste recovery rates, marking an impressive 290 per cent increase in 2022-23 as compared to the last financial year. As plans unfold to double this recovery amount, the urgency is palpable, considering