Mentor’s comment-
- https://indianexpress.com/
article/opinion/columns/why- special-situation-funds-are- necessary-7821566/ - In the intro, mention the issue of NPA in India.
- In the body, describe the SSFs. In the benefits mention liquidity, less haircut to the debtor, less provisional capital etc.
- Conclude by mentioning that the introduction of SSFs promises to usher in a modern era of distressed debt investing in India.
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