India: ICICI Bank has made an invocation of Jaiprakash Associates’ shares in relation to its debts. The Economic Times newspaper has reported that the producer owes US$360m to the bank. ICICI Bank is part of a consortium of banks owed a total of US$3.52bn by Jaiprakash Associates.
ICICI Bank issues invocation of Jaiprakash Associates shares
URL: https://globalcement.com/news/item/16576-icici-bank-issues-invocation-of-jaiprakash-associates-shares
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