Creditors have faced an average haircut of 70% under IBC, with an overall recovery falling to 31.4% in Q3FY25 from 43% in Q1FY20. The total admitted claims reached ₹11.39 trillion, while the ...

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She's been writing about credit cards and reward travel since 2011 with articles on Forbes Advisor, BoardingArea, The Points Guy and more. Her redemptio... Jerod Morales is a deputy editor at ...

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The restructuring scheme proposed by WazirX aims to provide a structured recovery mechanism for creditors, particularly users. The scheme’s first distribution, expected in April 2025, will allocate ...