trouble in viewing?   view in browser   India Stressed Asset Opportunities       Budget for Growth New India, on the growth trajectory, is estimated to be fastest-growing economy in 2021 according to IMF. Smt. Nirmala Sitharaman, Hon’ble Minister of Finance and Corporate Affairs. presented India’s first paperless Union Budget on February 1, 2021. The Budget focussed on growth and will play a critical role in facilitating strong and inclusive economic recovery post the pandemic. The Government announced a host of measures to spur economic activity, including the formation of a ‘bad bank’. Further, it was announced that an Asset Reconstruction Company (ARC) and Asset Management Company (AMC) will be set up to consolidate and take over the existing stressed debt and then manage and dispose the assets to alternate investment funds and other potential investors for eventual value realization. The proposed measures will make the Indian stressed assets sector even more attractive for investors around the world. The ARC and AMC will help improve balance sheets of banks and simultaneously provide lucrative investment opportunities to investors.          In the News   Recapitalisation, Bad Bank to revive credit and resolve NPAs   India Proposes Pre-Packaged Insolvency Resolution Option   NBFCs' stressed assets may touch INR 1.5-1.8 Lakh Cr by March end   Supreme Court upholds minimum threshold for homebuyers to move NCLT   Distressed asset investors change tack to acquire stressed firms instead of bankrupt ones     Stressed Assets Overview   Unique Cases Filed 4008   Cases filed by Sector - Percentage     Status Of Cases Under CIRP     Success Story   Company : Uttam Galva Metallics, and Uttam Value Steels Acquired by: Nithia Capital and CarVal Investors Acquired for: ~ $270 Mn       Deals in the Making   Yes Bank CEO says foreign firms keen to invest in proposed asset reconstruction arm   SBI initiates insolvency proceedings against Videocon promoters   ARCIL- Avenue to buy Reliance Home finance assets   NCLT admits insolvency proceedings against Tops Security       New Opportunities   SURYA EXIM LIMITED IGOPL OFFSHORE PRIVATE LIMITED TALWALKARS BETTER VALUE FITNESS LIMITED S.V.E.C. CONSTRUCTIONS LIMITED GAYATRI SEA FOODS AND FEEDS PRIVATE LIMITED HEAVY METAL AND TUBES LIMITED EMCOR PACKAGING PRIVATE LIMITED STEELCO GUJARAT LIMITED     Contact Us Invest India’s Financial Investors Initiative team has been set up with the objective of facilitating greater allocation of capital to India by Limited Partners and increased deployment by General Partners. The team works with investors to identify investment opportunities, undertake policy advocacy, and facilitate resolution of issues at different stages of investment. financial.investments@investindia.org.in   Invest India Vigyan Bhavan Annexe, First Floor Maulana Azad Rd, South Block, Man Singh Road Area New Delhi, Delhi 110011 To unsubscribe, click here.