Bankers reject Religare's debt rejig proposal - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Bankers reject Religare's debt rejig proposal

The plan proposed by Religare Finvest management needed an infusion of Rs 700 crore of fresh loans from lenders over a period of two and a half years. Bankers are reluctant because the account is classified as a non performing asset (NPA).

from Industry-Economic Times
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