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Project Sashakt
Finance
07 August, 2020
In stressed assets, it doesn't make sense to get cute with disclosures: Sashakt chief
In May 2020, two people in the know told VCCircle that lenders are reconsidering the option of a so-called “bad ......
Finance
03 September, 2018
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......
Finance
30 August, 2018
Project Sashakt panel engages with PE funds for AIF as investors seek clarity
A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......
Finance
03 August, 2018
How PE funds, foreign banks are changing tack in battle for stressed assets
When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed assets ......
Finance
09 July, 2018
Project Sashakt: Will PE investors warm up to the new plan to tackle bad loans?
Indian banks are sitting on a mound of toxic loans--a Rs 10 trillion hazard that could swallow large chunks of ......