IL&FS Collapse: What Went Wrong in India’s Biggest Infra DefaulT
In 2018, Infrastructure Leasing & Financial Services (IL&FS) — once a trusted name in infrastructure lending — defaulted on its debt. Over ₹90,000 crore worth of liabilities came under scrutiny, sparking panic in Indian financial markets and exposing cracks in how infra projects were being financed. This is not just a case of corporate failure […]
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