Banks take ac­tion against de­faulter

Sunday Express - - BUSINESS -

Leitwind Shriram Man­u­fac­tur­ing Ltd, had availed of credit fa­cilites to the tune of J600 crore from a con­sor­tium of five banks. As it de­faulted on its loan re­pay­ment, the con­sor­tium took sym­bolic pos­ses­sion of its fac­tory on De­cem­ber 7.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.