IBC prompted borrowers to adhere to stipulated payment schedules: IIM-B study
The enactment of Insolvency and Bankruptcy Code (IBC) in 2016 has injected discipline in the credit allocation process and has prompted borrowers to adhere to stipulated payment schedules, said a study by Indian Institute of Management, Bangalore submitted to India’s banking regulator Insolvency and Bankruptcy Board of India (IBBI). The study titled Behavioral Impact of […]
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