Indian banks are grappling with stressed assets worth nearly $150 billion. The enactment of the Bankruptcy and Insolvency Code and setting up the National Company Law Tribunal were steps in the right direction to deal with this mess. Realising the opportunity, a number of local and foreign investors including pension funds and private equity firms have been looking to seal transactions for stressed assets. But they haven’t struck any deal yet. Why? A panel of industry executives at the VCCircle India Limited Partners Summit 2018, held in Mumbai last month, discussed the opportunities and challenges associated with such transactions. Watch the video for more.
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