question_answer

Which of the following statements is/are correct about Strategic Debt Restructuring (SDR)?

I. Under SDR, banks which have given loans to a corporate borrower have the right to convert the full or part of their loans into equity shares.

II. The existing promoters are discontinued to hold majority stake in distressed companies.

A)  I only

B)  II only

C)  Both [a] and [b]

D)  None of these