The three banks, Punjab National Bank, Indian Bank and Union Bank of India had refused to pay monies to the tune of Rs. 1600 crores under the unconditional Bank Guarantees.
BCCI's marketing committee will meet to decide on floating tenders for finding a new broadcast partner.
The All India Radio has been unable to air live commentary of series that started on October 14.
Nimbus Communications will broadcast the series in Ireland and Scotland
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