Pedestrians walk past advertisements for Reliance Communications Ltd.’s Reliance Telecom. (Photographer: Prashanth Vishwanathan/Bloomberg News)

RCom To Exit Debt Recast When Asset Sales Begin, Says UCO Bank

Reliance Communications Ltd. will move out of the Strategic Debt Restructuring plan only after its stated monetisation process takes a concrete shape, said RK Takkar, managing director at UCO Bank ...

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