The Indian banking sector despite showing strong asset quality, with gross Non-Performing Assets (NPAs) at a historic low of around 2.58 percent as on March, 2025, the issues of NPAs still persisted, leading to stress in unsecured retail loans, including loans in microfinance segments as well as in Micro Small and Medium Enterprises, thereby posing risks if not managed effectively.  No doubt, different recovery mechanisms have been adopted by Indian commercial banks in order to effectively recover NPAs, thereby leading to improvement in the asset quality as well as mechanisms for recovering loans. This paper attempts to examine the performance of recovery channels through various channels. The study period covers from 2012-13 to 2024-25, extracted from the secondary data sources published by the Reserve Bank of India. The study found substantial differences in recovery outcomes across various mechanisms, and further it is added that Insolvency and Bankruptcy Code (IBC) has emerged as one of the most effective recovery tools for higher recovery rates.