The IL&FS building in Mumbai. The IL&FS crisis came to light late last year after some of the group entities defaulted on debt repayment. (Photographer: Abhijit Bhatlekar/Bloomberg News)
IL&FS Group Resolves 18% Of Total Debt Since Liquidity Crisis In 2018
The IL&FS Group—the infrastructure builder and financier whose payment defaults in September 2018 triggered a liquidity crisis, leading to its takeover by the government—has resolved 18% of the tot...