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Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Insolvency and bankruptcy code may help unlock NPAs worth Rs 25K crore over next 5 yrs: ASSOCHAM-Crisil study

Nov 22, 2016, at 12:22 am

New Delhi, Nov 21 (IBNS): Effective implementation of the Insolvency and Bankruptcy Code, 2016 can potentially release about Rs 25,000 crore capital currently locked up in non-performing assets (NPAs) over next 4-5 years, noted a recent ASSOCHAM-Crisil joint study.