Wednesday, February 13, 2019

PF funds may be at risk due to IL&FS exposure

Provident and pension fund trusts, which have collectively invested 'thousands of crores' in bonds of the IL&FS group, have filed intervening petitions in the National Company Law Appellate Tribunal over fears that they could lose their money as the bonds come under unsecured debt.

from Times of India http://bit.ly/2N3IysA

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