Over 94% value erosion found in 165 IBC liquidation case{br} https://ift.tt/9KYv4j7

The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

from Times of India https://ift.tt/Zw2O0yM