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Saturday, August 25, 2018

Bankruptcy law looms over 60 cos owing Rs 3.5L cr

Banks will have to initiate bankruptcy proceedings against dozens of corporate defaulters next week as the six-month deadline set by the RBI on February 12 ends on Monday. The action will be required where the lenders have been unsuccessful in achieving resolution.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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