Defaulting for three months, Altico Capital India’s lenders call for rescuing bids

Altico started defaulting on its interest repayments in September, and its lenders are keen for it to get an equity infusion for any debt restructuring plan to be cleared, the people said, asking not to be identified as the discussions are private.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/35VSv48