IL&FS Financial Services is selling ₹2,200 crore in loans to recover dues from SKIL Infrastructure, Gujarat-Dwarka Portwest, and SKIL-Himachal Infrastructure and Tourism. These loans, classified as NPAs in 2017, are part of a larger ₹5,000 crore recovery effort. The IL&FS group has resolved nearly 90% of its ₹61,000 crore debt target as of September 30, 2024.
