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Friday, October 12, 2018

IL&FS default undermines asset backed securities market, highlights continuity risks: Fitch

In the next six months period – October 29 to March 13, 2019 – IL&FS group has to repay about Rs 1,085 crore worth of commercial papers. The beleaguered group has a total debt of about Rs 91,000 crore. 

from The Financial ExpressBanking & Finance – The Financial Express


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