Important Links
Help Desk
| Year | 2011 50 Downloads |
| Volume/Issue/Review Month | Vol. - IV | Spl. Issue 2 | Jan |
| Title | Corporate Debt Restructuring Mechanism: The Need to Balance Between Carrot and Stick |
| Authors | Dr. G.K.Sharma , S.K.Panda |
| Broad area | Corporate Debt Restructuring Mechanism: The Need to Balance Between Carrot and Stick |
| Abstract | The first part of this paper focuses attention primarily on the concept – what it is, how it has evolved and functioning now, its macro-economic importance. The paper then critically evaluates the mechanism drawing from the experience of the authors and the literature available in the web. We have included the role of bankers in identifying, implementing and monitoring the CDR cases. As statistics and discussions papers indicate, much needs to be done on the CDR front in developing countries particularly in India in order that all stakeholders derive benefit. The paper also discusses a small case study for the benefit of the readers |
| DOI | Credit Risk is said to be as old as the mountains; bankers and financial institutions know it well. Money lent needs to be recovered and lenders follow a number of measures for recovery. These have been now fairly structured and IT-enabled. One of them is |
| File | |
| Referenceses | Subramanyam, Pratap, ‘Investment Banking: an Odyssey in High Finance’, TMH, www.rbi.org.in www.cdrindia.org ‘Competing for the future’, Hamel, Gary and Prahalad, C. K. – Chapter on ‘Strategy Gap’. RBI Circulars on Prudential norms and CDR including DBOD. No.BP.BC.68/21.04.132/2002- 03 of February 5, 2003. and RBI/ 2008-09/143 of August, 27, 2008 |
