<h1>IBC resolves 1,194 corporate insolvencies and secures Rs3.89 lakh crore recoveries, strengthening creditor returns and bank balance sheets reform</h1> As of March 31, 2025, 1,194 corporate insolvency cases have been resolved under the Insolvency and Bankruptcy Code (IBC), enabling creditor realisations of Rs.3.89 lakh crore-about 170% of liquidation value and over 93% of fair value at admission-reflecting enhanced asset realisation and creditor recoveries. The IBC accounted for 48.1% of scheduled commercial banks' recoveries in FY 2024-25. Six legislative amendments and more than 100 regulatory changes have been enacted to streamline procedures and reduce delays, while capacity-building initiatives for insolvency professionals and international collaborations aim to professionalise resolution processes. The framework is credited with improving creditor confidence, bank balance sheets, and ease of doing business.