 "SBI Chairman Rajnish Kumar")
State Bank of India (SBI) Chairman Rajnish Kumar on Thursday invited investors to take part in the country's stressed assets sector.
He also reiterated that the Insolvency and Bankruptcy Code (IBC) is not a recovery mechanism for lenders, but rather a means to preserve the value of enterprises.
He was taking part in an industry webinar on 'Opportunities for Investment in Stressed Assets in India' along with Insolvency and Bankruptcy Board of India (IBBI) Chairperson M S Sahoo.
Kumar said given the current situation globally due to the Covid-19 pandemic, it is an opportunity for investors to invest in the stressed assets of
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