Corporate debt restructuring: Recast packages worth Rs 42000 crore under the mechanism failed in 2016 – The Indian Express
Written by George Mathew | Mumbai | Published:March 7, 2017 1:39 am The revival plans of banks to recover their funds stuck with stressed borrowers dont seem to be working with corporate debt restructuring (CDR) packages of 264 borrowers worth Rs 1,25,093 crore of loans failing and turning into bad assets. Of this as much…