 "Amid delayed insolvency process, Cantor, SC Lowy eye India's bad loans")
Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays.
As Indian lenders seek to offload soured debt worth billions of dollars, overseas firms such as Cantor Fitzgerald and SC Lowy see the chance for investors to reap returns from delays in the bankruptcy process.
Indian banks’ bad debt problem, second in the world only to Italy, along with the inefficiencies in the country’s bankruptcy process, offer opportunities for a potentially lucrative form of investing known as merger arbitrage. Such trades focus on the risks of bids for companies falling
