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 Read more here: Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI
Read More Here: Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI
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