March 31, 2017 / 4:56 AM / 5 months ago

BRIEF-Kamat Hotels (India) gets nod from Corporation Bank for one-time settlement proposal

March 31 (Reuters) - Kamat Hotels (India) Ltd

* Says got approval from Corporation Bank for one time settlement proposal

* Says co expected to repay debt in structured manner over six months

* Says reason for opting OTS is that co has been facing cash flow mismatch due to which debt became a non-performing asset Source text: bit.ly/2ofytyS Further company coverage:

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