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Uploaded 3 hours ago
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IMF report: 'Zombie firms' reflect inefficient insolvency resolution
The International Monetary Fund, in its report on the Indian economy, said the Insolvency and Bankruptcy Code (IBC) Amendment Bill addresses many deficiencies but it has not provided for the participation of operational creditors or rules for executory contracts.
The IMF staff report said that the business dynamism in India remains relatively low, marked by low rates of entry and exit, and a high share of inactive or inefficient firms reflecting structural rigidities and high compliance levels.
Uploaded by: Rediff Video Desk on Fri, 28 Nov 2025 15:05:38 +0530
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Tags: IMF report: 'Zombie firms' reflect inefficient insolvency resolution
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