HomeNewsOpinionBudget Snapshot: Will Budget 2025 prioritise stress resolution in banking?

Budget Snapshot: Will Budget 2025 prioritise stress resolution in banking?

Dinesh Unnikrishnan • January 08, 2025 / 08:36 IST

An analysis by CareEdge Ratings highlights worsening delays in the corporate insolvency resolution process (CIRP). By September 2024, over 71% of ongoing CIRPs exceeded the 270-day completion timeframe, up from 63% in September 2022 and 67% in September 2023.

FM Nirmala Sitharaman announced a slew of measures to improve IBC in last Budget

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