Sensex down 300 pts, Nifty around 11,200; Kotak Bank, ICICI Bank top losers

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Altico Capital fund infusion: CNBC TV18 reported, 4-5 players have shown initial interest in buying portfolios or acquiring a stake. Cerberus Cap, Apollo Global, Kotak Realty Fund, Edelweiss Special Opportunities Fund and SSG Capital are in talks with lenders for a potential deal. Yes Bank, HDFC Bank, SBI, IFC, BoB are among the key Indian lenders to Altico Capital. Lenders will meet on October 11 to discuss the resolution of Altico Capital. 

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Altico Capital fund infusion: CNBC TV18 reported, 4-5 players have shown initial interest in buying portfolios or acquiring a stake. Cerberus Cap, Apollo Global, Kotak Realty Fund, Edelweiss Special Opportunities Fund and SSG Capital are in talks with lenders for a potential deal. Yes Bank, HDFC Bank, SBI, IFC, BoB are among the key Indian lenders to Altico Capital. Lenders will meet on October 11 to discuss the resolution of Altico Capital.