IL&FS Financial Service defaults on payment obligations
Friday - September 28, 2018 12:08 am ,
Category : BUSINESS
Mumbai Sep 28 (IANS) IL&FS Financial Service (IFIN) has defaulted in payment obligations of bank loans (including interest) term and short-term deposits.
According to a BSE filing the bank loan (including interest) obligations were worth Rs 284.5 crore.
As per the filing the obligations on term deposit were Rs 103.53 crore and short-term deposit were worth Rs 52.43 crore.
The firm is a Non-Banking Finance Company (NBFC) which provides a range of financial and advisory solutions.
It specialises in infrastructure financing transactions among other things.
--IANS ravi-rv/nir
According to a BSE filing the bank loan (including interest) obligations were worth Rs 284.5 crore.
As per the filing the obligations on term deposit were Rs 103.53 crore and short-term deposit were worth Rs 52.43 crore.
The firm is a Non-Banking Finance Company (NBFC) which provides a range of financial and advisory solutions.
It specialises in infrastructure financing transactions among other things.
--IANS ravi-rv/nir
