IL&FS Financial Services Resorted To Abusive Funding To Avoid Bad Loans, Says SFIO
Indian five hundred rupee banknotes are arranged for a photograph in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)

IL&FS Financial Services Resorted To Abusive Funding To Avoid Bad Loans, Says SFIO

In the last five years, there have been 88 cases of evergreening of loans by IL&FS Financial Services Ltd. to prevent their classification as non performing assets. The Serious Fraud Investigation ...
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