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A successful & influential NBFC for 2 decades

Contact Info

  • Mumbai, Maharashtra, India
  • +91 89760 69758
  • Office Hrs: 9.00am to 6.00pm

Debt Management

We spot opportunities in distressed debt-market

  • Benign credit-standards & global macro-headwinds
  • A perpetual market-disruption
  • Regulatory hurdles & local laws in emerging Indian markets
  • Continuous political churnings
  • Regular emergence of NPA-portfolios, due to the lack of a solid mechanism in banks to identify quality-borrowers

The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them.

This paper examines two such approaches—the creation of asset management companies and the development of out-of-court centralized corporate debt workout frameworks—that came to define the core asset management setting in countries most seriously affected by the crisis. In addition to investigating their respective role, and evaluating their strengths and weaknesses, this paper seeks to benchmark some best practices in their design.