HomeNewsOpinionGo First’s bankruptcy brings back questions about Indian banks’ lending acumen

Go First’s bankruptcy brings back questions about Indian banks’ lending acumen

Aparna Iyer • May 04, 2023 / 08:30 IST

At least four Indian banks now stand to lose interest income from their loans to Go First that owes a total of Rs 6521 crore to them. Bankruptcy proceedings would put a moratorium on loan repayments

Go First is cash-strapped, and the bankruptcy filing would put a moratorium on all payments

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