Six Indian banks are pursuing unpaid loans amounting to an estimated $2 billion, including interest, from GVK Coal Developers (Singapore) and associated companies. The case, which dates back to 2011 and 2014, opened in the High Court in London. The banks claim that the loans are long overdue, except for $83 million from the sale of a Bengaluru airport.
from Banking/Finance-Industry-Economic Times https://ift.tt/wq9WO8n
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