NPA files on NewsX: Lilliput Kidswear Limited owes 220 cr rupees to oriental bank of commerce

Today is day 54 of our NewsX NPA investigation campaign. Case 32 in our list is India’s leading kidswear brand lilliput kidswear limited. As per our NPA list, the company owes oriental bank of commerce 220 Cr rupees and per the roc records, the company is allegedly defaulting on 20 loans from various financial institutions. This case will once again prompt us to wonder why such large loans are granted without taking sufficient collateral in order to ,make up for bad loans. Debating this on the roundtable we are joined by Dr. Sambit Patra, National spokesperson, Bjp; Devashish jarariya, bsp supporter; Rama lakshmi, opinion editor of the print and Pankaj vohra, managing editor of the sunday guardian. The show is anchored by our senior executive editor, Priya sahgal

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