Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Bank of Baroda takes Gayatri Projects to NCLT over unpaid dues
Bank of Baroda has approached a bankruptcy court for recovery of its dues to Gayatri Projects, promoted by former Rajya Sabha MP T Subbarami Reddy. The company owes about INR 6,000 crore to various banks with Bank of Baroda's exposure being nearly a quarter of the total loans. The company has appointed EY to advise it on the debt restructuring proposal.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.