Tuesday, January 25, 2022

Bankers reject Religare's debt rejig proposal

The plan proposed by Religare Finvest management needed an infusion of Rs 700 crore of fresh loans from lenders over a period of two and a half years. Bankers are reluctant because the account is classified as a non performing asset (NPA).

from Banking/Finance-Industry-Economic Times https://ift.tt/3rNHbTz

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