Indian ARCs' recovery rate of security receipts predicted to surge to 75-80% by next year, Crisil forecasts.

Crisil Ratings predicts a 15 percentage point increase in the recovery rate of security receipts for asset reconstruction companies (ARCs) in India, reaching 75-80% by next year. This improvement is due to better performance in infrastructure sectors, a higher share of retail and low vintage assets, and lower growth in new acquisitions. The Insolvency and Bankruptcy Code is also driving more debt restructuring, a favored resolution strategy.

2 months ago
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