Friday, July 10, 2020

Will be mindful while dealing with highly-leveraged companies: Uday Kotak

Indian banks are facing uncertainty with the Reserve Bank of India providing moratorium on payments for six months. But at the same time many private lenders such as Kotak itself Bank and Axis Bank and ICICI Bank are raising capital to meet unforeseen surge in defaults.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/will-be-mindful-while-dealing-with-highly-leveraged-cos-uday-kotak/articleshow/76900270.cms

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