IL&FS' Jharkhand project downgrade will adversely impact India's structured finance market: Finsec Law Advisors
CNBC-TV18
CNBC-TV18
  • 5 years ago
In a fresh setback for debt-ridden IL&FS, rating agency Crisil has downgraded the non-convertible debentures of a road project in Jharkhand. To get a sense of how this would impact IL&FS, CNBC-TV18 spoke to Sandeep Parekh, founder of Finsec Law Advisors, TN Arun Kumar, ED of CARE Ratings and Lakshmi Iyer, CIO-debt at Kotak Mahindra AMC.
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