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Welcome To IANS Live - BUSINESS - Banks raise multiple queries on CFM ARC's bid for VIPL

The banks have asked the Ahmedabad-based asset reconstruction company, CFM ARC, which is under the Income Tax & RBI scanner for alleged malpractices and business misconduct, to explain the source of funds or how it plans to finance the proposed acquisition of VIPL. VIPL has 600 MW power generation units in Butibori, Nagpur.Acco
Vidarbha Industries Power Ltd Vidarbha Industries Asset Reconstruction Pvt Ltd Reliance Infrastructure Ltd Vidarbha Industries Power Reliance Power

Banks raise multiple queries on CFM ARC's bid for VIPL

The lenders of Vidarbha Industries Power Ltd. (VIPL), a subsidiary of Reliance Power, have raised multiple queries on CFM Asset Reconstruction Pvt Ltd 's bid.The banks have asked the Ahmedabad-based asset reconstruction company, CFM ARC, which ...
Vidarbha Industries Power Ltd Asset Reconstruction Pvt Ltd Vidarbha Industries Reliance Infrastructure Ltd Vidarbha Industries Power Reliance Power

Welcome To IANS Live - LatestNews - Banks raise multiple queries on CFM ARC's bid for VIPL

The banks have asked the Ahmedabad-based asset reconstruction company, CFM ARC, which is under the Income Tax & RBI scanner for alleged malpractices and business misconduct, to explain the source of funds or how it plans to finance the proposed acquisition of VIPL. VIPL has 600 MW power generation units in Butibori, Nagpur.Acco
Vidarbha Industries Vidarbha Industries Power Ltd Asset Reconstruction Pvt Ltd Reliance Infrastructure Ltd Vidarbha Industries Power Reliance Power

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