IDBI Bank settles loan with Aircel founder Siva
(This story originally appeared in on May 15, 2021) has said that it has accepted the one-time settlement offer by Siva Industries’s promoters — a part of Aircel founder C Sivasankaran’s group — as it would lose more money otherwise. IDBI Bank had initiated bankruptcy proceedings against Siva Industries in 2019. The loans were availed […]
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