Wednesday, June 3, 2020

Realisation for financial creditors from resolution of stressed units may be lower by 40 per cent in FY21: ICRA

The resolution of corporate insolvency resolution proceedings (CIRPs) would be impacted during 2020-21 due to a decline in the number of CIRPs yielding a resolution plan as well as an increase in haircuts that lenders would have to take, ratings agency ICRA said in the report.

from Economy-News-Economic Times https://ift.tt/304tG5C
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Technew

It's the latest in a series of restrictions imposed by the Vietnamese government on social media users. from BBC News - Technology htt...