Kotak Mahindra Bank Limited (BSE:500247) is evaluating opportunities to invest in the proposed bad loan asset management company. Kotak Mahindra’s Joint Managing Director, Dipak Gupta said, “I think we will look at it positively the construct (of the AMC) is interesting and it helps in the entire process of resolution before the company goes through the IBC process. We are evaluating it. It’s too preliminary at this stage but it looks interesting”. The Sunil Mehta Committee set up by the finance ministry has backed the idea for setting up of an asset management company to help banks come out of the bad loan menace. The government had accepted the proposals and that there could be more than one such AMC.