Finance in India has a new bogey called private credit
Closer regulation and openness can mitigate risks in this largely opaque sector. Recall, RBI had to intervene recently to curb evergreening of loans via this route.
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Closer regulation and openness can mitigate risks in this largely opaque sector. Recall, RBI had to intervene recently to curb evergreening of loans via this route.
These assets have an approximate enterprise valuation of Rs 8,500-9,000 crore
The IL&FS Group has settled around Rs 35,650 crore of its total debt of Rs 99,000 crore through asset monetisation, auto debits by banks and repayments as of September. In a statement on Tuesday, the group said it has completed a repayment of around Rs 10,000 crore by way of interim
The IL&FS Group has settled around Rs 35,650 crore of its total debt of Rs 99,000 crore through asset monetisation, auto debits by banks and repayments as of September.
The IL&FS Group has settled around Rs 35,650 crore of its total debt of Rs 99,000 crore through asset monetisation, auto debits by banks and repayments as of September.