Redemptions of security receipts issued by ARCs rise in 4 years: Crisil

Cumulative recovery ratio has also improved to 42% post the Insolvency and Bankruptcy Code (IBC) from 6% to 20% in 2015. Redemption ratio or the ratio of SRs redeemed and SRs issued improved to 44% post IBC from 17% before the law came into force.

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