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    Question

    Bank sacrifice NPV ₹20 cr. Promoter brings only ₹4

    cr equity and no personal guarantee. What is the correct stance?
    A Approve restructuring Correct Answer Incorrect Answer
    B Approve partially Correct Answer Incorrect Answer
    C Reject due to inadequate sacrifice Correct Answer Incorrect Answer
    D Defer Correct Answer Incorrect Answer
    E Convert to equity Correct Answer Incorrect Answer

    Solution

    Restructuring requires meaningful promoter sacrifice.

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