Essar steel gets 2 weeks to make new repayment plan
MUMBAI: Lenders to Essar Steel BSE 0.41 %have asked the company to prepare a new debt repayment plan. Bank officials will meet later this month to examine the company’s proposal to repay loans of around Rs 40,000 crore. While two senior bankers said the need to come up with a fresh repayment plan was conveyed …
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