Friday, September 18, 2020

Distressed debt market likely to dry up with RBI recast plan

The distressed asset market, which witnessed deals estimated in the range of Rs 60,000-65,000 crore in FY20, is almost non-existent this year so far, said people involved in distressed asset sale. This fiscal year, there have been negligible sales.

source https://economictimes.indiatimes.com/industry/banking/finance/distressed-debt-market-likely-to-dry-up-with-rbi-recast-plan/articleshow/78191770.cms

No comments:

Post a Comment