recovers of majority of loan from Deccan Chronicle
Lenders trying to find a way to recover loans from financially troubled Deccan Chronicle. Of the 100-crore loan exposure to the financially-troubled Deccan Chronicle Holdings Ltd, Indiabulls Housing Finance Ltd has recovered Rs. 77 crore. DCHL’s properties were auctioned online by Indiabulls. Last year, DCHL defaulted on its loan payments, resulting in Indiabulls taking possession [...] Continue Reading »
