Altico crisis: HDFC Bank's Aditya Puri defends en-cashing FD

Altico, which owes over Rs 4,500 crore to the system, had defaulted on an interest payment of around Rs 20 crore earlier this month to an ECB raised through the UAE lender Masherq Bank.

from Banking/Finance-Industry-Economic Times https://ift.tt/2nTrIUC