Chinese banks demand $2.1b from Indian tycoon Anil Ambani's firm

Chinese banks demand $2.1b from Indian tycoon Anil Ambani's firm

Photographer: Qilai Shen/Bloomberg

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 embattled Indian tycoon Anil Ambani’s Reliance Communications Ltd., that slid into bankruptcy earlier this year.

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