https://www.ndtvprofit.com/business/zee-inks-one-time-settlement-with-standard-chartered-for-siti-networks-loan-defaults?utm_source=telegram&utm_medium=referral&utm_campaign=socialshare
Standard Chartered Bank had sanctioned certain credit facilities to Siti Networks, which was inter-alia secured by Debt Service Reserve Account support and undertaking from Zee Entertainment.