The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.
from Times of India https://ift.tt/RCu9iLg
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Over 94% value erosion found in 165 IBC liquidation case
February 20, 2023
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