IL&FS appoints Nand Kishore as CMD, succeeding CS Rajan

IL&FS has resolved Rs 55,000 crore of its targeted Rs 61,000 crore debt by September 30. The resolution includes monetisation, debt servicing, and transfers to InVit. Out of 302 entities, 188 have been resolved, with 38 awaiting court approval. Some entities continue servicing Rs 3,000 crore in debt.