IL&FS says aims to resolve nearly 60% of debt despite Covid-19 delays resolution process

About 50% of the debt is expected to be resolved by March 2021, the indebted infrastructure lender's board said in a progress report, with 18% already addressed as of June end. The board had said in an update in October that it aimed to resolve 50% of the debt by March this year.

from Banking/Finance-Industry-Economic Times https://ift.tt/3fXQA45