Sale of Daewoo's land sparks hope for banks - FRANTREPRENUER NEWS

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Monday, 17 August 2020

Sale of Daewoo's land sparks hope for banks

Daewoo Motors India had an estimated debt of more than Rs3,500 crore when ICICI Bank took it to the debt recovery tribunal in 2002. A process to sell the land assets was last initiated in 2019.

from Hindustan Times - business https://ift.tt/3fZtTeZ
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