IL&FS says aims to resolve nearly 60% of debt despite Covid-19 delays resolution process - THEMARKETTRENDZ

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Monday, 20 July 2020

IL&FS says aims to resolve nearly 60% of debt despite Covid-19 delays resolution process

About 50% of the debt is expected to be resolved by March 2021, the indebted infrastructure lender's board said in a progress report, with 18% already addressed as of June end. The board had said in an update in October that it aimed to resolve 50% of the debt by March this year.

from Banking/Finance-Industry-Economic Times
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