Over 94% value erosion found in 165 IBC liquidation case

The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

source https://timesofindia.indiatimes.com/india/over-94-value-erosion-found-in-165-ibc-liquidation-case/articleshow/98072144.cms