IL&FS resolution at end of the tunnel for Chenani-Nashri
The Economic Times·2025-09-24 11:12
Creditors to the “Everything is in readiness for the resolution plan to be implemented. This time, there is more certainty that the deal will go through and lenders expect to receive the cash before the end of the month,” said one of the persons aware of the details.Secured creditors, such as SBI, Deutsche Bank, “SBI, for example, is likely to receive about Rs 450 crore in repayments in addition to the interim payment it had received earlier. Then there is Deutsche Bank which has about 9% of the dues. Acre ...