March 23, 2018
Supreme Court order upsets Reliance communication lenders
Source – economictimes.indiatimes.com MUMBAI: Banks are staring at an additional loan-loss provisioning of a few thousand crore rupees in the current quarter after the Supreme Court on Thursday ordered to maintain status quo on RCom’s sale of assets to Reliance Jio. The court will hear the plea of RCom’s lenders on April 5 and if the