Will Project Sashakt help expedite resolution of stressed assets?

About two dozen Indian banks have signed inter-creditor agreements as part of Project Sashakt, a five-pronged framework aimed at fast-tracking the resolution of bad loans. But can the latest initiative work when several previous attempts have failed? Edelweiss ARC managing director and chief executive RK Bansal and Supratim Sarkar, executive vice president at SBI Capital Markets, shared their views at a fireside chat at News Corp VCCircle’s Stressed Assets Investment Summit in Mumbai.

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