Tuesday, January 21, 2020

Lenders put cash flows of about 500 stressed companies’ under lens

In the last three months, lenders have hired agencies in Gammon, Altico, JBF Industries, Suzlon and HCC to track end use of funds. Lead banks are hiring monitoring agencies in accounts having exposure of more than Rs 250 crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/2RCIKl7

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