News & Media 29th May 2026

10 Years of IBC: Banks recover ₹4 lakh crore

Authors

Mukesh ChandSenior Counsel | Mumbai

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Our Partner, Mukesh Chand shares his insight in The New Indian Express, “10 Years of IBC: Banks recover ₹4 lakh crore.”

He highlights that IBC has helped banking industry resolve legacy accounts stuck under CDR, RBI schemes and BIFR. Many of these accounts were provided for, and recoveries have added to bank profitability.

Read the article here

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