Federal Bank sells ITNL owned Chenani Nashri Tunnel debt to ACRE at 25% discount

​​An income of Rs 700 crore through annuity by the company was distributed to lenders early this year. IL&FS group companies have a total exposure of Rs 1,295 crore in a combination of debt and equity in CNTL while other financial creditors have an exposure of Rs 4159 crore, documents show.

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