Mumbai: The largest lender State Bank of India on Wednesday said it has not received any concrete proposal for additional funds so far from the crisis-ridden Infrastructure Leasing & Financial Services (IL&FS) group. SBI holds 6.42 per cent in the IL&FS group that is facing serious liquidity crisis and has defaulted on interest payment on various debt repayments since August 27. The group has over Rs 91,000 crore in debt.
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No proposal yet from IL&FS for additional funds: SBI chairman
![No proposal yet from IL&FS for additional funds: SBI chairman]()
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September 26, 2018
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