[Co-authored with Pratik Datta]

The key test of any default resolution process is: how much value is recovered by the lender? The most important factor that determines this amount is the time taken to complete the resolution. India has set up many recovery mechanisms that have given us long ...

The United States Federal Reserve’s (US Fed) decision to raise interest rates by 25 basis points could have a significant impact on global economic growth. The Fed has decided to go “hawkish” this quarter and Fed Chief Janet Yellen’s commentary on future rates hikes has led to negative reaction in ...