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Saturday, 8 September 2018

12 more power assets may face bankruptcy

Under a RBI directive in February, lenders had until August 27 to recast certain delinquent loans and a further 15 days to refer the cases under the bankruptcy law. 14 cases with a combined Rs 1.4 lakh crore of soured loans have already been taken to bankruptcy court.

from Times of India https://ift.tt/2wVv6PU
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