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HDFC Bank Considers Appeal Over Haircut in Chandra Repayment Plan
BusinessTimes of Indiahindustan-times3d ago2 sources

HDFC Bank Considers Appeal Over Haircut in Chandra Repayment Plan

HDFC Bank is evaluating whether to appeal a corporate insolvency resolution plan that requires the lender to accept a 99.97 percent reduction on its outstanding claims against media executive Subhash Chandra. The bank views the proposed ₹6.5 crore repayment arrangement as financially unfavorable.