Infrastructure lending conglomerate IL&FS group is faced with a Rs 91,000 crore debt and a severe liquidity crunch. The crisis in the financier which has considerable exposure to public money and state-owned entities has caused tremors in the markets and more trouble might be in store.
from Times of India https://timesofindia.indiatimes.com/business/india-business/ilfs-rs-91000-crore-debt-that-might-well-be-a-ticking-bomb/articleshow/65946060.cms
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