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HUDCO recovers Rs 317 cr in old loan default case

HUDCO recovers Rs 317 cr in old loan default case

Monday, May 28, 2018, 10:58 PM

State-owned HUDCO today said it has recovered a substantial amount of Rs 317 crore in an old loan default case as against the dues of about Rs 470 crore at the end of the last fiscal. In a regulatory filing, HUDCO informed that "an old default case of a borrower has been substantially resolved after prolonged litigation.
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