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| 26 October, 2020, 12:23 AM IST | E-Paper
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    ABU DHABI INVESTMENT COUNCIL

    Altico Capital fallout: RBI asks HDFC Bank to pay Rs 210 crore to Mashreq Bank

    HDFC Bank, which had also lent money to Altico, debited about Rs 200-210 crore from its account by using a general lien, ET reported on October 13 last year. Altico and Mashreq claimed that the money was transferred from the Rs 650 crore ECB that the non-banking finance company had availed of from the Middle East bank and kept at HDFC Bank.

    Altico’s lenders rope in SBI caps, EY to work on resolution plan

    Troubled NBFC, too, working on a turnaround plan with the help of Alvarez & ...

    Global funds in revival talks with Altico lenders

    Altico got into trouble last month after it failed to pay Rs 19.97 crore in interest paymen...

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