RBI directs IDBI Bank to start insolvency proceedings for Lanco InfraPost published:June 17, 2017Post category:Industry NewsLanco Infratech said the RBI has directed its lead lender IDBI Bank to initiate insolvency proceedings for the company under the bankruptcy code Source: Livemint.com (http://www.livemint.com/rss/industry)Read more articles Previous PostRBI initiates PCA against Bank of Maharashtra as bad loans mount Next PostJaguar Land Rover to create 5,000 new jobs in UK: report You Might Also Like Consumer durables sales may rise 10-20% during festive season August 24, 2017 Will low tariffs eclipse India’s solar run? August 17, 2017 Menzel announces acquisition of Franz Wölfer Elektromaschinenfabrik May 16, 2019