Federal Bank sells CNTL loan at 25% discount - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Federal Bank sells CNTL loan at 25% discount

The Kerala-based lender sold the loan after the road asset's owner, IL&FS Transportation Network (ITNL), failed to close a deal it signed almost a year ago with I Square Capital-backed Cube Highway to sell CNTL.

from Industry-Economic Times
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