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Gitanjali Gems

GC Chaturvedi, ICICI Bank, Geetanjali Gems Finance

ICICI Bank Wants Rs 608 Cr Recovery from Gitanjali Gems

The Mumbai bench of NCLT heard the case filed by Gitanjali’s banker, who argued that the company is a case “fit and proper to be referred to Corporate Insolvency Resolution Professional." ICICI Bank said Rs 608 crore was due from the company out of Rs 5,980 crore due to a consortium of 33 banks, including Punjab National Bank, Allahabad Bank, Bank of Baroda, Central Bank of India.

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