Gitanjali didn't repay more loans worth â¹5,280 cr: Reports
Mehul Choksi-owned Gitanjali Group has reportedly not repaid working capital loans worth nearly â¹5,280 crore to a consortium of 31 banks. Working capital loans are used to finance the everyday operations of a company. While ICICI Bank, which is the "lead bank" in the consortium, gave â¹405 crore, PNB has given the highest loan amount of â¹587 crore.