Tag: Insolvency case
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Essar Steel’s Lead Banker SBI puts its Entire Loan Exposure for Sale
Adding a fresh twist to the Essar Steel’s ongoing insolvency case, its leading lender in the Committee of Creditors (CoC), SBI (State Bank of India) has decided to recover its loan of INR 15,431 crore to the company by putting on sale the entire loan amount on its auction website. It has put an advertisement…