RBI cancels meeting with IL&FS shareholders
September 27, 2018  15:44
The Reserve Bank of India has cancelled the Friday's meeting with the shareholders of debt-laden Infrastructure Leasing and Finance Services (IL&FS), according to banking sources. The apex bank had earlier called a meeting with key shareholders of IL&FS, including LIC and State Bank of India, after the company and its subsidiaries defaulted on repayments of various debt instruments. -- PTI
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