Making Sashakt stronger

Sashakt takes a much-needed stab at creating a structure outside the bank to systematically park distressed asset for resolution. The proposal of inter-creditor agreement to enable the lead bank work on the resolution plan may be considered quickly. Its aspirations were in the correct direction when it wanted to focus on price discovery of distressed assets. Arguably, some more deliberation may be required on sizing the resources required to solve the issue as well as the structure to garner those resources. Despite taking three/four years and the bitter medicine of asset quality review,.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.

Most Read

Top Stories




Latest News

Todays Paper

News you can use