Flashback 2020: Virus manages to shoo away almost everyone from stressed assets

By Beena Parmar

  • 23 Dec 2020
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Credit: 123RF.com

The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck in March 2020. As a result, a loan repayment moratorium came into effect which eventually stretched till August-end in a move that helped non-performing assets (NPAs) fall as a percentage of ......

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