Bankruptcy Code
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As per latest reports, government initiatives in the last few years like enacting Insolvency &amp; Bankruptcy Code (IBC), strengthening laws &amp; administrative measures, have helped government banks recover around Rs.5.5 lakh crore of bad debt. With the build-up of non-performing assets (NPAs) being lower than anticipated, especially in large companies, government banks may easily meet the credit requirements if they&#39;re sufficiently capitalized as per experts. Keep watching to know more!</p>
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