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Strapped IL&FS may get a Rs 1200-crore lifeline from LIC – Economic Times

September 15, 2018
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Economic Times
MUMBAI: Life Insurance Corp. of India (LIC) may lend as much as Rs 1,200 crore to cash-strapped Infrastructure Leasing & Financial Services (IL&FS) to help tide over its liquidity crisis as the company’s board meets Saturday to discuss strategy and
IL&FS defaults on unsecured loans to SIDBI, total default to bank rises to Rs 450 crore: ReportMoneycontrol.com

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