SBI To Recover Around Rs 12,000 Crore From Essar Steel Resolution
The Essar logo pictured at the conglomerate’s steel plant in Pune. (Photographer: Dhiraj Singh/Bloomberg)

SBI To Recover Around Rs 12,000 Crore From Essar Steel Resolution

State Bank of India is set to recover Rs 12,000 crore from Essar Steel India Ltd.’s resolution after the winning bidder, ArcelorMittal S.A, transferred the settlement to an escrow account.“The mone...
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