Wednesday, April 28, 2021

Kotak plans infra fund even as it scouts for stressed assets

"We feel that there is a secular opportunity on infrastructure. The largest component of stress in the banking system is in infrastructure and it a large opportunity from a special situations perspective. We have gone back to our investors with this proporsition to put a significant amount of capital. We are getting a good response and if all goes well we will shoot for a $800 million fund," Sriniwasan said.

source https://economictimes.indiatimes.com/industry/banking/finance/kotak-plans-infra-fund-even-as-it-scouts-for-stressed-assets/articleshow/82295290.cms

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