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Standard Chartered Bank approves OTS of BL Kashyap & Sons

16 Jan 2018 Evaluate

Standard Chartered Bank (SCB) has approved one time settlement (OTS) of BL Kashyap & Sons. As per proposal the serviceable debt shall be repaid by January 31, 2018 and the reason for opting for OTS has been mismatch of cash flows being NPA account.

BL Kashyap & Sons is engaged in the business of construction of factories and manufacturing facilities, IT campuses, commercial and residential complexes and malls.


Peers
Company Name CMP
Lodha Developers 1188.00
Prestige EstatesProj 1628.00
Dilip Buildcon 400.75
DLF 750.80
Oberoi Realty 1717.35
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