IL&FS unit confirms investigations by govt authorities
Infrastructure Leasing &
Financial Services Ltd’s (IL&FS) flagship lending unit on
Tuesday confirmed for the first time that it is under
investigation by various government agencies, months after the
group defaulted on some of its debt obligations triggering
tremors through Indian financial markets.
Financial Services Ltd’s (IL&FS) flagship lending unit on
Tuesday confirmed for the first time that it is under
investigation by various government agencies, months after the
group defaulted on some of its debt obligations triggering
tremors through Indian financial markets.
Posted in: http://feeds.reuters.com/reuters/UKBankingFinancial