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Why debt restructuring is an essential element in Indian financial system?

Updated : March 25, 2021 09:14:09 IST

Corporates generally rely upon debt i.e. bank borrowings for setting up and expanding their businesses, by way of long-term loans for purchasing fixed assets and working capital loans for day-to-day functioning.
Why debt restructuring is an essential element in Indian financial system?
Published : March 25, 2021 09:14 AM IST

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