Aircel lenders staring at a 30 per cent hit due to regulatory delays - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Aircel lenders staring at a 30 per cent hit due to regulatory delays

"Increased delays mean corporate insolvency resolution process (CIRP) costs will shoot up. Fibre, spectrum or towers have barely been maintained," said a person aware of the development. “The recovery amount for Aircel will go down by 20-30% at least, and all this is because of the regulatory delays.”

from Industry-Economic Times
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