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Latest News on Ilfs Debt
Showing of 0 - 10 from 6 results
Ilfs Debt - Total results - 6
Aug 10, 2019
In the shadows of a debt crisis: A closer look at how IL&FS episode unfolded and impacted the larger economyIL&FS has not just failed to bring private capital into the infrastructure sector but has used public assets to create opportunities for itself
Jul 25, 2019
IL&FS crisis: Cash-strapped infrastructure lender says on course to clear Rs 20,000 cr debtInfrastructure Leasing & Financial Services (IL&FS), which has an outstanding debt of Rs 94,216 crore, said on Wednesday the board has taken various steps to address over Rs 20,000 crore of its debt pile over the past nine months
May 22, 2019
Sale of 10 IL&FS entities underway; board to adopt asset level resolution for group companies: GovtThe board of IL&FS, which has to repay over Rs 90,000 crore to lenders, has decided to adopt an "asset level resolution" with regard to various group companies and entities.
May 03, 2019
Banks allowed to declare defaulting IL&FS, group companies accounts as NPAs, barred from recoveryThe NCLAT had in February prohibited banks from recognising any IL&FS group accounts as non-performing assets without first seeking approval from the tribunal.
Nov 01, 2018
IL&FS crisis: Govt appointed board hints at corruption by past management; to conduct special audit of key group of cosThe new IL&FS board pegged the total debt of the group by over Rs 3,000 crore at Rs 94,215.6 crore as of 8 October
Sep 25, 2018
IL&FS, 40 of its subsidiaries move National Company Law Tribunal seeking to restructure debtIn a letter to its employees, IL&FS had claimed that if funds worth Rs 16,000 crore stuck with concession authorities were released on time, it would not have landed in this mess.