Why are stressed Indian assets so attractive to foreign investors?
As the Covid-19 slump deepens, a bunch of global investors is looking to snap up stressed Indian companies at a bargain.
Earlier this month, Singapore-based DBS Group Holdings stepped in to bail out Lakshmi Vilas Bank (LVB), which was struggling with a massive bad loan problem. As per reports, another major global investor, New York-based Apollo Global Management, was also eyeing the small private bank.
Similarly, several global investors are in the fray to take over the fr...