Axis Bank has decided to take ownership of the asset in lieu of Rs700 crore owed by the company
Mumbai: Axis Bank Ltd, a lender to Jaypee Infratech Ltd, has taken possession of the debt-laden company’s headquarters in Noida, said three people familiar with the development. The bank has decided to take ownership of the asset in lieu of ₹ 700 crore owed by the company, said one of the people cited above.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.