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Not right to drag all distressed companies into insolvency: SBI MD

By Debjyoti Roy

  • 06 Aug 2020
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Not right to drag all distressed companies into insolvency: SBI MD
Credit: 123RF.com

Indian banks and financial regulators should look for solutions outside the bankruptcy law to deal with stressed assets that will potentially climb in the wake of the coronavirus pandemic, a top State Bank of India executive said. Managing director Challa Sreenivasulu Setty said also that it would be inappropriate to refer ......

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