India: IL&FS board may pitch for a govt bailout

Uday Kotak. Photographer: Udit Kulshrestha/Bloomberg

The Union government may have to bailout cash-strapped Infrastructure Leasing and Financial Services (IL&FS), if latest discussions between the group’s board and the government are any indication, according to three people familiar with the development.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at