Bain, CDPQ Rush to Help Lenders Clear $120 Billion Bad Debt

Updated on
  • Edelweiss, CDPQ plan to invest $1 billion in distressed assets
  • Bain says distressed debt could be ‘significant opportunity’

As India’s embattled banks grapple with almost $120 billion of stressed assets, foreign funds finally see an opportunity to profit from the mess.

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