Behind the 'bankruptcy story' of Cafe Coffee Day: The news and what's next
In this podcast, we discuss why Coffee Day Enterprises is in news again? What are the chances of banks recovering their money? And what can we expect next? Listen in
Sukanya RoyDev Chatterjee New Delhi
 "The deal could provide relief to Coffee Day Enterprises by reducing its overall debt, which stood at Rs 4,970 crore")
The Cafe Coffee Day may be headed for bankruptcy after defaulting on loan payments in March quarter. The lenders to Coffee Day Enterprises Ltd (CDEL) are considering sending the company to the National Company Law Tribunal (NCLT) for debt resolution.
In this podcast, we discuss why Coffee Day Enterprises is in news again? What are the chances of banks recovering their money? And what can we expect next? Listen in
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Topics :cafe coffee day
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First Published: Apr 13 2021 | 5:15 PM IST
