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Altico default sends shared funds, banks scurrying for address
Altico default sends shared funds, banks scurrying for address Top Indian loan providers including HDFC Bank, State Bank of India Yes Bank and UAE-based Mashreq Bank had supplied a six-year, Rs loan that is 340-crore Altico. MUMBAI: Banking institutions and shared funds scrambled on Thursday to support the fallout of this standard by Altico Capital,…
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