Tuesday 25 September 2018

Rs 91k cr debt that might well be a ticking bomb

Infrastructure lending conglomerate IL&FS group is faced with a Rs 91,000 crore debt and a severe liquidity crunch. The crisis in the financier which has considerable exposure to public money and state-owned entities has caused tremors in the markets and more trouble might be in store.

from Times of India https://ift.tt/2zroACM
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