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Mistry group repays Rs 12,450 crore to its lenders

Mistry group repays Rs 12,450 crore to its lenders To overcome the impact of lockdown due to COVID-19, the Mistry group had applied for a one-time loan restructuring with a group of lenders led by State Bank of India in mid-September 2020 when it had faced cash flow problems leading to a Rs 200-crore default on a commercial paper issued to the Union Bank of India.

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