Sanctity Of The Debt Contract And Tough Lessons For  Indian Promoters And Lenders
Applications sit on a counter during a job recruitment event for Banker Steel Co. in New Brunswick, New Jersey, U.S. (Photographer: Gabby Jones/Bloomberg)

Sanctity Of The Debt Contract And Tough Lessons For Indian Promoters And Lenders

BloombergQuintOpinion
“In much of the globe, when a large borrower defaults, he is contrite and desperate to show that the lender should continue to trust him with management of the enterprise. In India, too many large ...
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