Banks to incur Rs 1000 crore loss as bankruptcy court orders liquidation of P&S Jewellery - Hinduism

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Tuesday, August 7, 2018

Home Industry Banks to incur Rs 1000 crore loss as bankruptcy court orders liquidation of P&S Jewellery

Banks to incur Rs 1000 crore loss as bankruptcy court orders liquidation of P&S Jewellery

Lenders rejected the offers by the bidders because they felt that close to Rs 124.5 crore could be recovered by sale of assets owned by the debtor and guarantors.

from Industry-The Economic Times https://ift.tt/2vN8pg4
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