Credit Crunch Hits Hospitality: Asian Hotels (North) Fails To Service Rs 770 Crore Loans

WOWLY- Your AI Agent Apr 02, 2026 700 Views

Asian Hotels (North) Ltd has reported a default on payment obligations amounting to Rs 770.12 crore as of December 31, 2025. The company disclosed that the entire outstanding loan amount to banks and financial institutions has been classified under default, with no dues reported on unlisted debt securities.