In fact, one reason why banks stopped lending to MSMEs in the last 12 months period is high stress from this segment. So, that being the case, a good chunk of the stressed companies can now make a claim with banks for 'COVID-19 related debt’ tag so that they can avoid insolvency proceedings. This will happen regardless of the cut-off date the government will announce to calculate the quantum of COVID-related loans. A refusal by banks can lead to court disputes. … [Read more...] about What does the IBC data tell us about the state of Indian economy?