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Direct loss

A loss that stems directly from an unbroken chain of events leading from an insured peril to the loss.

News On Direct loss
IFCI Q1 net loss jumps 2-fold at Rs 277 cr

10-08-2017| Source:PTI

IFCI said that it is one of the lenders in 6 out of 12 cases where RBI has reportedly directed certain banks to refer to National Company Law Tribunal.

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