Deep haircuts: Comparing realisations with outstanding loans not reasonable to assess IBC effectiveness, s - Economic Times

Financial creditors have been able to realise 166 per cent in comparison to the liquidation value of the debtors, indicating that creditors have been better off than the next logical outcome, Rao said.

Seeking to address concerns over the deep haircuts taken by banks in some of the insolvency resolutions, Reserve Bank Deputy Governor M Rajeshwar Rao on Saturday said comparing the outstanding loan a… [+3722 chars]

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