Chinese lenders, including China Development Bank, Industrial and Commercial Bank of China and Exim Bank of China, have demanded at least $2.1 billion from Anil Ambani’s Reliance Communications, that slid into bankruptcy earlier this year.
State-owned China Development Bank, with loans worth Rs 9,860 crore ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the company to stock exchanges.
Exim Bank of China sought payment of Rs 3,360 billion, while Industrial and Commercial Bank of China claimed Rs 1,554 crore, according to the filing.
The country's bankruptcy court is hearing lenders, and the