The Insolvency and Bankruptcy Code (IBC) marked its 9th anniversary in October 2025. According to official data, 1,194 companies were successfully resolved under the IBC framework and creditors realised ₹3.89 lakh crore as of March 31, 2025. IBBI data show that 30,310 pre-admission cases covering ₹13.78 lakh crore of underlying default were settled before formal admission.

Gross NPAs declined to a multi-decade low of 2.3% by the end of March 2025. The IBBI annual report records 76% sales growth and 130% increase in capital expenditure for post-resolution companies, demonstrating the economic multiplier effect of the IBC framework.