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After resolution of big steel cases, banks expect low recoveries from IBC

A senior banker with a public sector bank said, not more than 30% recovery was expected from the RBI's second list

Topics
IBC | Insolvency and Bankruptcy Code

Ishita Ayan Dutt & Namrata Acharya  |  Kolkata 



insolvency, bankruptcy, ibc

Having resolved big-ticket insolvency cases like those of Essar Steel and Bhushan Steel, bankers are now looking at a recovery rate of not more than 20-30 per cent.

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First Published: Thu, February 20 2020. 14:44 IST

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