Six banks join Grant Thornton in legal fight against Winsome's Mehtas

IDBI Bank, Axis Bank, Exim, Bank of Maharashtra, Standard Chartered Bank and State Bank of Mauritius are among the financial institutions which have registered their claims in an arrangement under which GT, after collecting a generous success fee, would pay the Indian lenders pari passu in relation to the value of their claims, two persons familiar with the development told ET.

from Banking/Finance-Industry-Economic Times https://ift.tt/UNV9jk8