The rating agency estimates the Private asset reconstruction companies (ARC) assets under management (AUM) at Rs 1.2 to Rs 1.25 lakh crore by the current fiscal, a decline from Rs 1.35 lakh crore in the previous fiscal
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The average duration for closing a corporate insolvency resolution plan (CIRP) is 843 days in FY24 against 831 days in FY23
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