Apparel
Bombay Rayon off Central Bank’s wilful defaulter list
Bombay Rayon Fashions has repaid one third of its Rs 100 crores debt owed to the Central Bank of India. Earlier, it was reported that the Central Bank had referred Bombay Rayon Fashions case to Reserve Bank of India as ‘wilful defaulter’. The bank had sent a legal notice to Bombay Rayon which had defaulted on payment of loan amount of Rs 4,055...
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