IL&FS defaults on Rs 307-cr deposits from MUDRA due on November 17

IL&FS (Infrastructure Leasing & Financial Services) on Monday said it has defaulted on principal and interest of over Rs 307 crore with respect to deposits from MUDRA (Micro Units Development & Refinance Agency) due on November 17, 2018.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2QWXzh5