This research paper aims to explore the impact and analyze and assess the effectiveness of the Insolvency and Bankruptcy Code (IBC) on bank recoveries in India. The IBC, implemented in 2016, intended to streamline and expedite the insolvency resolution process, allowing banks to recover their debts efficiently. This study uses a mixed-method approach, combining qualitative and quantitative analysis, to investigate the effectiveness of the IBC in enhancing bank recoveries. It explores the underlying principles, provisions, and procedures (established by the IBC to address insolvencies and outlines) the key advantages, assumptions, and potential challenges associated with its implementation.The research findings indicate that the IBC has positively influenced the recovery process, resulting in faster debt recoveries for banks. This study also highlights potential challenges and limitations associated with the implementation of the IBC, thus providing insights for policymakers and financial institutions to refine its functioning. Through a comprehensive literature review and an examination of relevant data, this study strives to provide valuable insights into the impact of the IBC on bank recoveries and develop recommendations to further improve the recovery process. The research concludes by emphasizing the importance of a robust insolvency framework in strengthening the Indian banking sector. The primary objective of the IBC is to improve the recovery rate of banks and provide a framework for the time-bound resolution of stressed assets. This research paper examines the role of the IBC in enhancing bank recoveries in India. It provides an overview of the IBC, its function, advantages, and assumptions and recoveries in India