CHENNAI: The overall recovery rate under Insolvency and Bankruptcy Code till the December quarter was 31.86 per cent implying a haircut of approximately 68 per cent. The overall recovery rate till Q3FY24 was 31.86 per cent implying a haircut of approximately 68 per cent. The cumulative recovery rate has been on a downtrend, decreasing from 43 per cent in Q1FY20 …
