What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?

examrobotsa's picture

Submitted by examrobotsa on

Q: 2 (IAS/2019)
What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?
AnyChart Trial Version

question_subject: 

Economics

question_exam: 

IAS

stats: 

0,136,72,24,25,23,136

keywords: 

{'under consortium lending': [0, 0, 0, 1], 'indian banks': [0, 0, 1, 1], 'loans': [1, 1, 4, 14], 'financial institutions': [0, 0, 0, 2], 'infrastructure projects': [0, 0, 1, 2], 'independent regulator': [0, 0, 0, 1], 'fiscal deficit': [0, 2, 2, 4], 'crore': [0, 0, 1, 0], 'current account deficit': [0, 0, 0, 4], 'purpose': [1, 0, 7, 13], 'stressed assets': [0, 0, 0, 2], 'government': [5, 0, 0, 1]}