IL&FS resolves over ₹57,500 crore worth of debt, nearing end of clean-up

Nearly eight years after its collapse shook India’s financial system, IL&FS says it has recovered over ₹57,500 crore—about 94% of the amount it aimed to recover. The group has also repaid more than ₹50,000 crore to creditors and completed the clean-up of over 200 companies.

Leave a Reply

Your email address will not be published. Required fields are marked *