Infrastructure Leasing & Financial Services (IL&FS) has successfully repaid Rs 48,463 crore of its outstanding debt, achieving approximately 80% of its repayment target, signaling a significant step in resolving its multi-year financial crisis. The repayment comes after a combination of asset sales, internal restructuring, and settlement agreements with creditors. IL&FS’s progress demonstrates a methodical approach to restoring stakeholder confidence and stabilizing its balance sheet.