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Other Press Releases
ICRA withdraws Fixed Deposit programme rating of SIEL Financial Services Limited ICRA has withdrawn the outstanding rating of MB assigned to the Fixed Deposit programme of SIEL Financial Services Limited. The company has stopped accepting fixed deposits and have total outstanding liability of Rs. 3.74 lakh towards its fixed deposit holders. 94% of this liability relates to unclaimed deposits. The company has earmarked a bank deposit to meet the aforesaid liability August 22, 2002 |
