L&T Finance sells Rs 3463 crore NPAs to Phoenix ARC - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

L&T Finance sells Rs 3463 crore NPAs to Phoenix ARC

L&T Fin sells loan portfolio for Rs 1120 crore under the conventional 15:85 structure. Warasgaon Power, Warasgaon Assets Maintenance, MEP Infrastructure, Supreme Panvel Indapur Tollways, SEW Infrastructure, Supertech Infrastructure, Brassco Engineering Ltd and EMTA Coal are among the 36 accounts sold to Phoenix ARC.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad