Regulatory reform in India to remove red tape has reinvigorated interest from private-equity firms, driven by a sweeping transformation launched by Prime Minister Narendra Modi in the past two years, investors said in a conference on Wednesday.
For investors in private debt and special situations, more investment opportunities will emerge in the next few years, after the Modi administration introduced its first-ever bankruptcy law in 2016 to speed up the liquidation process and help prevent the accumulation of bad debt which would eventually hinder the credit cycle and economic growth.
Other action has been taken too. Last year, the Reserve Bank of India, the central...
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