HDFC Bank to Challenge Over 99% Cut in Media Tycoon’s Repayment
India’s largest private-sector lender plans to challenge the bankruptcy resolution involving a personal guarantee by media tycoon Subhash Chandra after an insolvency court approved a more than 99% cut for...
By Shruti Mahajan and Siddhi Nayak · Bloomberg
India’s largest private-sector lender plans to challenge the bankruptcy resolution involving a personal guarantee by media tycoon Subhash Chandra after an insolvency court approved a more than 99% cut for creditors.