After a few teething problems in its early stages, India’s new bankruptcy code is now making a significant difference to the speed at which bankruptcy cases are resolved and the amount that creditors are able to recover. In turn, this is relaxing a constraint on India’s banking sector that has limited lending and held back investment over the past few years.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.