RBI clears way for 'vulture' funds

VULTURE FUND is an enabling provision for funds scouting for distressed debt. 

Globally, there are lots of vulture funds and hedge funds always on the lookout for companies facing a temporary liquidity problem but can honour their obligations after some years, when back in health.

With RBI Green Signal Vulture Funds are back in India.







RBI clears way for 'vulture' funds | Business Standard News