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NPA cases referred for resolution, amount involved drop in 2023-24

As a result, the amount involved and the amount recovered in absolute terms was also lower than the amount involved and recovered in 2022-23

npa
Subrata Panda
1 min read Last Updated : Dec 27 2024 | 12:22 AM IST
In 2023-24, the number of cases referred for resolution declined across channels, except those under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act. 
 
As a result, the amount involved and the amount recovered in absolute terms were also lower than those in 2022-23.  
 
 

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Topics :IBCInsolvency and Bankruptcy CodeSarfaesi Act

First Published: Dec 27 2024 | 12:22 AM IST

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