The bad news about the market for bad loans
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The bad news about the market for bad loans

By Beena Parmar

  • 01 Sep 2022
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The bad news about the market for bad loans
Credit: 123RF.com

In 2017, when the Insolvency and Bankruptcy Code (IBC) was passed, he was among many investors who saw a golden opportunity in the pile-up of sick companies and stressed assets that had clogged the banking system.   Till 2021, the 58-year-old investor from Mumbai stayed in the hunt for non-performing assets ......

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