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Home>>IL&FS

Tag: IL&FS

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CS Rajan Takes Charge As Chairman Of Infrastructure Leasing And Finance Limited

Pooja YadavMarch 31, 20220

CS Rajan has been appointed asA the chairman of Infrastructure Leasing and Finance Ltd (IL&FS) and can start after Uday Kotak’s term ends in the week. CS Rajan has been appointed to the present post for a period of six months. In September 2021, the govt had extended the term of Uday Kotak by six months. The term was extended so continuity can be maintained about the plan being puzzled out for the crisis-struck organization. Uday Kotak is that the chief military officer (CEO) and director of Kotak Mahindra Bank. A debt of around Rs 55,000 crores which is cherish 90 percent of the initial debt of Rs 61,000 crore has been addressed. IL&FS also maintained its forecast that was made earlier of resolving the debt of Rs 61,000 crore, representing 62 percent of the full fund-...

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