Rajnish Kumar, managing director of the national banking group at State Bank of India Ltd., speaks during a news conference in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

IBC: Banks May Seek Changes In Insolvency Law After NCLAT’s Essar Steel Verdict, Says SBI 

Secured lenders to Essar Steel Ltd. are “not satisfied” with the appellate tribunal’s judgment removing the creditor hierarchy in settlement of claims, according to the head of India’s largest bank...

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