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.source https://economictimes.indiatimes.com/industry/banking/finance/banking/federal-bank-sells-cntl-loan-at-25-discount/articleshow/88113401.cms
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