Lenders Begin Invoking Inter-Creditor Agreements To Speed Up Resolutions
A stack of Indian one-hundred rupee banknotes are arranged for a photograph at a branch of the HDFC Bank Ltd. in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Lenders Begin Invoking Inter-Creditor Agreements To Speed Up Resolutions

Seven months after banks signed inter-creditor agreements, lenders have started to use these accords to speed up resolution of mid-sized stressed assets. These agreements put in place rules under w...
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