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Essar Steel resolution: What's in it for banks?

Updated : March 18, 2019 10:28 PM IST

The National Company Law Appellate Tribunal (NCLAT) on Monday gave a conditional nod to ArcelorMittal’s Rs 42,000 crore resolution plan for Essar Steel.
For over two dozen banks and Edelweiss Asset Reconstruction Company, the order comes as a big relief.
Essar Steel resolution: What's in it for banks?
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