FINANCIAL CRUNCH
Following repeated debt defaults by its subsidiaries, Infrastructure Leasing & Financial Services (IL&FS) has plunged into a financial crisis. It is now officially broke. Too much debt and governmental pressure on bad loans have rattled IL&FS. The company has left a ripple effect in the market, leaving stakeholders and investors worried. Its assets include roads, tunnels, water treatment plants, and power stations.
This an issue
https://thepolicytimes.com
Where is my video? Click Here
https://www.youtube.com/watch?v=asWqRWBKpxg&t=49s
https://thepolicytimes.com/ilfs-financial-crunch/
Following repeated debt defaults by its subsidiaries, Infrastructure Leasing & Financial Services (IL&FS) has plunged into a financial crisis. It is now officially broke. Too much debt and governmental pressure on bad loans have rattled IL&FS. The company has left a ripple effect in the market, leaving stakeholders and investors worried. Its assets include roads, tunnels, water treatment plants, and power stations.
This an issue
https://thepolicytimes.com
Where is my video? Click Here
https://www.youtube.com/watch?v=asWqRWBKpxg&t=49s
https://thepolicytimes.com/ilfs-financial-crunch/
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