New Delhi: Financial creditors of Reliance Communications have submitted claims of over Rs 49,193 crore, which showed that China Development Bank, LIC and SBI have the highest exposure in the dues.
According to the list, Interim Resolution Professional (IRP) Pradeep Kumar Sethi has admitted claims of Rs 47,038.79 crore and the remaining amount has been put for verification.
The list showed that China Development Bank (CDB) claimed dues of Rs 9,863.89 crore and the IRP has admitted the entire claim.
The IRP also admitted full claims made by Life Insurance Corporation (Rs 4,758 crore), Exim Bank of China (Rs 3,356.44 crore), Standard Chartered Bank (Rs 2,130.23 crore), ICBC (Rs 1,832.89 crore), Syndicate Bank (Rs 1,225.19 crore), and Punjab National Bank (Rs 1,126.87 crore), among several others.
State Bank of India submitted a claim of Rs 4,905.37 crore but IRP admitted Rs 4,714.52 crore and set aside Rs 190.85 crore for verification. Among lead lenders, Bank of Baroda placed a claim of Rs 2,707.67 crore but IRP admitted Rs 2,531.87.