Investors in eight Kotak FMPs maturing between April 4 and May 15 will not get back the entire money on account of the delay in repayment by the two Essel group companies — Konti and Edison – which are backed by security of shares of Zee Entertainment EnterprisesNSE 1.76 % Ltd. This is the first time after 2008 where investors in FMPs — a debt product with a lock-in – are not getting repaid in full on maturity. ET spoke to Nilesh Shah, managing director, and
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