Kotak plans infra fund even as it scouts for stressed assets

"We feel that there is a secular opportunity on infrastructure. The largest component of stress in the banking system is in infrastructure and it a large opportunity from a special situations perspective. We have gone back to our investors with this proporsition to put a significant amount of capital. We are getting a good response and if all goes well we will shoot for a $800 million fund," Sriniwasan said.

from Banking/Finance-Industry-Economic Times https://ift.tt/3xpnuU6