Unitech defaults on payments to Central Bank

Unitech defaults on payments to Central Bank

FPJ BureauUpdated: Friday, May 31, 2019, 05:46 PM IST
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New Delhi: Realty firm Unitech has defaulted on payment of a loan installment of Rs 38.52 crore to the Central Bank of India, prompting the state-owned banker to issue public notice of default. Unitech said that it has repaid Rs 264 crore out of Rs 300 crore loan and the remaining would be paid shortly.

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