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IL&FS: Delays to key India shadow bank insolvency show coronavirus pandemic fallout

by Economic Times
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Payments to creditors from Infrastructure Leasing & Financial Services Ltd., whose default in September 2018 triggered a lingering credit crisis in India, are likely to spill over to the financial year beginning April 2021, management said in a call on Monday. It had previously aimed to resolve a bulk of those by this month.

This IL&FS: Delays to key India shadow bank insolvency show coronavirus pandemic fallout was originally published on https://economictimes.indiatimes.com/industry/banking/finance/ilfs-delays-to-key-india-shadow-bank-insolvency-show-coronavirus-pandemic-fallout/articleshow/77083113.cms

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