“There are only two options, either liquidation or extend the resolution timeline in the hope of finding a buyer. Lenders are inclined toward liquidation since it is unlikely that this airline will find any buyers due to the legal and operational issues it is facing,” said a person familiar with the process.
RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry
Amitabh Chaudhry of Axis Bank believes India’s growth remains strong despite global issues. He anticipates increased credit demand following rate cuts. Japanese banks’ entry signals