BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CareEdge Research Report
India faced a severe non performing asset issue and earlier options for effective asset resolution were not performing as per expectations, which could partly be attributed to their over-stretched capacity and inadequate infrastructure.
Consequently, over five years ago, the Insolvency and Bankruptcy Code was introduced to speed up the resolution process. The IBC has been the most significant reform concerning NPA resolution.
IBC has reduced the time for resolution, and the quantum of recoveries has also increased as compared with earlier levels. However, there still exists significant pendency in the resolution of cases and that the recovery rate has been trending down.
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