By Anto Antony , George Smith Alexander , and Candice Zachariahs 20. November 2017, Sovereign wealth and pension funds also interested, Kotak says
Bankruptcy court process, deep discounts are key attractions
For India, it’s a $207 billion mess, a pile-up of bad loans years in the making that’s dragging on growth. For the nation’s wealthiest banker, it’s the kind of opportunity that very rarely presents itself.