Canara Bank files insolvency plea against Gayatri Projects | Economic Times

Canara Bank files insolvency plea against Gayatri Projects https://ifttt.com/images/no_image_card.png​​Despite rules saying that the application of financial creditor should be admitted within 14 days, it has been delayed without any reason," said a person in the know. "Meanwhile, the market cap of the company is regularly declining day by day and all banks can do is sell the pledged shares in the open market for a loss."