Moneycontrol PRO
Sansaar

business

Despite Rs 400cr loan, Indian Bank to prop Lanco Infra CDR

In an interview to CNBC-TV18, TM Bhasin, CMD, Indian Bank spoke about Q1 numbers and exposure to Lanco Infratech, which has proposed debt recast for loans worth Rs 7500 crore.

first published: Jul 29, 2013 03:35 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347