India’s cenbank asks IL&FS lenders to classify loans to firm as non-performing – sources
07 Jan India’s cenbank asks IL&FS lenders to classify loans to firm as non-performing – sources
Posted at 17:03h
in
News
by KMFSLLP
India’s central bank has asked
lenders of Infrastructure Leasing and Financial Services Ltd
(IL&FS) to classify loans extended to the bankrupt shadow
banking firm as non-performing, two sources with direct
knowledge of the matter told Reuters on Tuesday.
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