“There is no dearth of interest in the stressed assets. But the challenge is a lot of these assets are in sectors that are already suffering – steel, textile, power, etc. When the steel sector is overall not performing well, where will you get an attractive offer from? The potential investors will only want to buy a distressed asset if they believe they are getting a deal at a good value. But for the banks, the market determined rate is a very tough thing to accept. The challenge is that there is a disconnect between market valuations and expectations,” said Reshmi Khurana, MD and Head of South Asia, Kroll.