Over 94% value erosion found in 165 IBC liquidation case - N4 NEWS

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    Sunday, February 19, 2023

    Home India News | Latest News Headlines & Live Updates from India - Times of India Times of India Over 94% value erosion found in 165 IBC liquidation case

    Over 94% value erosion found in 165 IBC liquidation case

    The value erosion is surprising because lenders always make sure there is a margin or promoter's contribution before granting a loan. If a bank extends a loan for a Rs 1,000 crore investment, it ensures a promoter contribution of Rs 200 crore.

    from India News | Latest News Headlines & Live Updates from India - Times of India https://ift.tt/OpavP7m
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