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The Strategic Debt Restructuring Rules by RBI – Banks Will Convert Debt to Majority Equity

There's a new law in town. It's a Strategic Debt Restructuring proposal by RBI.

It's kinda boring to go through the whole thing. But at Capital Mind, we think there's no harm trying. So, here's the gist.

When companies can't repay their loans, the banks take "sacrifices" to restructure the loans. Some might be in terms of a late payment, others in . . .

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