Business Standard

Anil Ambani group firm Reliance Infra defaults on loans to Yes Bank, others

The defaults, on interest and principal, happened between January 23, 2020 and February 1, 2020

Anil Ambani, owner of Reliance Infra
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The defaults on principal owed to SREI Equipment Finance amounted to Rs 1.04 crore and Rs 20.15 crore to Yes Bank

Abhijit Lele
Reliance Infrastructure Ltd, a company controlled by the Anil Ambani group, has defaulted on paying dues to privately owned Yes Bank, state-owned Jammu & Kashmir Bank and other lenders.

The defaults, on interest and principal, happened between January 23, 2020 and February 1, 2020, the company informed the Bombay Stock Exchange (BSE) on Tuesday.

The defaults on principal owed to SREI Equipment Finance amounted to Rs 1.04 crore and Rs 20.15 crore to Yes Bank. It failed to pay Rs 30.12 crore as interest to Yes Bank, Rs. 0.36 crore to Jammu

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