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In today's session, we will be discussing the Inter Creditor Agreement (ICA). The ICA is part of a proposed project approved by the government to address the issue of resolving bad loans. The objective of the ICA is to facilitate the faster resolution of stressed assets, specifically targeting loan accounts with a size of rupees 50 crore and above that are under the control of a group of lenders. We will cover the introduction, background, provisions, concerns, and advantages of the ICA in this lesson. Let's begin.
