Thursday, February 27, 2020

Banking

The IL&FS crisis first came to light in July 2018 when ITNL, the road arm, was facing difficulty in making repayments due on its bonds. At least three agencies including the ED, SFIO and Delhi Police are probing into the alleged irregularities in the infrastructure projects undertaken by ITNL and its parent, IL&FS through it other subsidaries.

from Banking/Finance-Industry-Economic Times https://ift.tt/397kKyf

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