IL&FS addresses aggregate debt of Rs 32,000 crore

The total debt of Rs 32,000 addressed comprises of Rs 21,600 crore of debt addressed basis cash balances and nearly Rs 10,300 crore of additional net recovery expected from resolution and restructuring applications filed with the National Company Law Tribunal at Mumbai and NCLAT, the approvals for which are awaited.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Y3T5dO