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 https://ift.tt/2C8aEiY