Saturday, October 14, 2023

BANKING

Hinduja Group is in talks with offshore lenders to raise $800mn (Rs 6,660 crore equivalent) to acquire the finance company under the Insolvency and Bankruptcy Code, the people said. Lenders have unanimously voted in favour of a Rs 9,660-crore plan offered by IIHL in June.

from Banking/Finance-Industry-Economic Times https://ift.tt/Lz4ZUgJ
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