Interesting and cunning. But it appears edelweiss is rotating the bad loan between its group entities.
Does the loan recovery ever happen? And how does edelweiss gain from this?
Doesn’t the borrower come out ahead as they essentially do not repay their loan from their own funds?
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Interesting and cunning. But it appears edelweiss is rotating the bad loan between its group entities.
Does the loan recovery ever happen? And how does edelweiss gain from this?
Doesn’t the borrower come out ahead as they essentially do not repay their loan from their own funds?