Inside the tanking market for bad loans9 min read . Updated: 21 Oct 2022, 06:47 PM IST
- Long delays and litigation are forcing distressed-asset-focused funds to walk away from the IBC process.
In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden opportunity in the pile-up of sick companies and stressed assets that had clogged the banking system.
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