Indian banks are struggling to clean up the massive pile of bad loans on their books. But the Insolvency and Bankruptcy Code has helped change the attitude of promoters of companies and banks to resolve debt issues, says Ashwin Ramanathan, senior partner at law firm AZB & Partners. Ramanathan discussed issues related to the bankruptcy law and bad loans during a fireside chat at News Corp VCCircle’s FinServ 2018 summit in Mumbai.
Watch the video for the full interview.