)
It's time to dam the financial sector against a bad debt flood
Unless a resolution mechanism designed for a quick turnaround of stressed financial institutions is implemented, we will continue to lurch from one crisis to the next
To achieve a truly transformational infrastructure push, resources such as land will have to be leveraged and innovative financial structures deployed to attract private capital
As of now, foreign investors appear to be the only viable source of long-term funds for the sector
This market driven model of tackling liquidity crises has successfully been implemented in several countries and can benefit the NBFC sector
Using interim financing under IBC is likely to resolve Jet's woes faster and better