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.

from Banking/Finance-Industry-Economic Times https://ift.tt/3kucvkX