In case the bank forces promoters of the corporate to merge the steel organization with on their own in equivalent ratio,it may straight away Recuperate all-around twelve hundred crores right away. What or that's stopping the financial institution from doing so.
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When the promoters VEDL merge the ESL metal with on their own,they don't have anything to lose .Alternatively, Lender who is sitting on big dead expenditure can Get better a significant amount.
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SBI retains about three crore shares in unlisted ESL steel.The financial institution has superb loans amounting six thousand crores rupees on the business. Should the financial institution forces promoters of the corporate to merge the metal enterprise with themselves in equal ratio,it could instantly Recuperate all around twelve hundred crores promptly.
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SBI retains close to three crore shares in unlisted ESL metal.The bank has fantastic financial loans amounting 6 thousand crores rupees on the corporate.
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