Monday, 1 January 2018

Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI


NCLT is not the panacea for all bad loans, but with defaulting promoters being made to increasingly realise that they are not irreplaceable, the dedicated recovery framework should discourage cavalier risk-taking, forcing companies to deleverage and create sufficient reserves, State Bank of India (S

You can read more here: Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI

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