Led by SBI, the country’s lenders have agreed to sign an inter-creditor that hopes to speed up the process of stressed asset resolution. In an exchange filing, SBI said that its board has approved the signing of the inter-creditor pact. Most of the other 76 lenders are expected to follow suit, sources said. The inter-creditor agreements are part of the ‘Sashakt’ resolution framework released by banks in July. The new framework puts the onus on the lead lender, who is then responsible for submitting a resolution plan for stressed assets to an overseeing committee. Terms of resolution plan will need to be approved by 66% of lenders and shall be final and binding. The framework also envisages the setting up of an asset management company, which raises an alternative investment fund to invest in stressed assets.