LIC set to bail out IL&FS: All you need to know

Since the company has got some real estate assets, shareholders have asked it to liquidate them to generate cash. There has been reports that it has even put on block its headquarters here for around Rs 1300 crore.

LIC set to bail out IL&FS: All you
IL&FS Financial Services has Rs 17,000 crore of debt, which sits as standard asset for most of the lenders, according to a Nomura India report, Image source:Official website

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