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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022

By Beena Parmar

  • 30 Dec 2021
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Distressed deals soar in 2021; Bad bank, IBC measures raise hopes for 2022
Credit: 123RF.com

Calendar year 2021 opened doors for larger deals in the distressed assets space in 2022 following a year of some big-ticket resolutions like Air India and Dewan Housing Finance Corporation Ltd (DHFL), bankruptcy admission of a few large firms including Reliance Capital, and the establishment of the Bad Bank. These include ......

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