In case the bank forces promoters of the business to merge the metal enterprise with by themselves in equal ratio,it could possibly right away recover all around twelve hundred crores right away. What or that's stopping the lender from doing so.
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SBI retains all over 3 crore shares in unlisted ESL steel.The bank has exceptional loans amounting six thousand crores rupees on the corporate. If your lender forces promoters of the company to merge the steel corporation with themselves in equal ratio,it could quickly recover close to twelve hundred crores promptly.
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