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Il&fs
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Il&fs, Latest News
Infrastructure Leasing & Financial Services Limited is an Indian infrastructure development and finance company.It operates through more than 250 subsidiaries including IL & FS Investment managers, IL & FS financial services and IL & FS Transportation networks India Limited.
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Business :
NCLT approves sale of IL&FS education arm to LEHL
Mumbai, Sep 2 The National Company Law Tribunal (NCLT) has approved the sale of IL&FS's education business, Schoolnet ... ...
Business :
Path Of Diminishing Marginal Utility: RBI Policy May 2020
bps repo rate cut with commensurate changes to the rest of the rates in the corridor. In its assessment, ... ...
Maharashtra :
Covid delays IL&FS China asset sale, Singapore bondholders asked to defer winding up
ITNL Offshore PTE Ltd (IOPL), a Singapore-based subsidiary of IL&FS owned ITNL, on Tuesday said the company is "committed to engaging in consensual discussion with Trustees wrt its obligations under the Notes and distribution of any recoveries from r ...
Business :
PSBs disbursed Rs 4.91 lakh cr loan during Oct-Nov: FM
As part of a government-initiated outreach programme, public sector banks have disbursed a record Rs 4.91 lakh crore of loans during October-November, the finance ministry said on Tuesday. ...
National :
Govt making efforts to ensure better regulatory mechsm in banking sector: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman has said that the Central government is making efforts to ensure better regulatory mechsm in the banking sector in the backdrop of PMC and IL&FS debt issues. ...
Business :
FM hints at more sops for housing sector
Hinting at a big boost to the realty sector, Finance Minister Nirmala Sitharaman on Tuesday said that the government and the Reserve Bank of India (RBI) are in the process of resolving the issues faced by the real estate sector. ...
Business :
IL&FS crisis: A year on, group's cash balance at Rs 5,300 cr
Over a year after the lending major IL&FS started defaulting on its commmercial papers and the massive corporate rot came to the fore, the cash balance of the group stands at over Rs 5,300 crore. ...
National :
IndusInd Bank net plunges over 62% in Q4 FY19 on IL&FS provisioning, bad asset quality
Worsening asset quality pushed down IndusInd Bank's net profit over 62 per cent to Rs 360 crore in the fourth quarter of FY2019 and the gross non-performing assets (NPAs) rose to 2.10 per cent of gross advances, while net NPAs rose by 1.21 per cent a ...
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