Two years on, only three out of 12 large defaulters identified by RBI find resolution
Updated : June 12, 2019 03:13 PM IST
Litigation related delays have caused the bankers to often look outside the IBC route to find resolutions to recover their money.
The IBC was seen as a 'game-changer' for the creditor-borrower relationship and promised a window of hope for the banking system.
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