INSUBCONTINENT EXCLUSIVE:
NEW DELHI: LIC, which holds over 25 per cent stake in ILFS said that all options are open and assured that it take all possible steps to
avoid contagion spreading to the market.
ET Now reported chairman VK Sharma as saying that they will ensure that ILFS does not collapse
He does not ruled out raising stake in ailing ILFS.
ILFS has defaulted on over five of its obligations since August, put its headquarters on
the block, and its MD CEO of the financial services arm has since resigned
JM Financial believes ILFS had a very aggressive ALM profile with the up to 1 year bucket having a mere 1 per cent positive mismatch and
