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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