INR91,000 crore time bomb: The IL&FS crisis continues to simmer


INR91,000 crore time bomb: The IL&FS crisis continues to simmer

The Infrastructure Leasing & Financial Services (IL&FS) saga continues to keep the larger financial system on tenterhooks. Even as more reports of audit failures and evidence of evergreening that triggered the crisis get dug out, there is no sight of a clear plan to resolve the INR91,000 crore crisis without much collateral damage. ET Prime highlights the extent of Read More

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