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SBI board approves Rs 23,000 crore RCom insolvency resolution plan

Updated : March 03, 2020 11:49 PM IST

UV Asset Reconstruction Company is believed to have placed bid of around Rs 14,700 crore.
Reliance Jio has made an offer of Rs 4,700 crore for tower and fibre assets of Reliance Infratel.
RCom's secured debt is estimated to be around Rs 33,000 crore. Lenders submitted claims of around Rs 49,000 crore in August.
SBI board approves Rs 23,000 crore RCom insolvency resolution plan
Published : March 03, 2020 11:29 PM IST

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