ADVERTISEMENT

IL&FS Stares At 90% Gross Bad Loans For Main Lending Arm: Uday Kotak

IL&FS, a major infrastructure financing and construction company, has a total debt of Rs 91,000 crore
IL&FS, a major infrastructure financing and construction company, has a total debt of Rs 91,000 crore
Debt-laden Infrastructure Leasing & Financial Services (IL&FS) is "staring" at a 90 per cent gross bad loans as a percentage of total loans of its main lending arm IL&FS Financial Services, the firm's non-executive Chairman Uday Kotak said on Wednesday.
Register for Free
to continue reading
OUR NEWSLETTERS
By signing up you agree to the Terms & Conditions of NDTV Profit