Monday, August 6, 2012

Banks see stress in Rs 23000cr Essar loan - Moneycontrol.com


Banks see stress in Rs 23000cr Essar loan
Moneycontrol.com
Ruia-controlled Essar Steel, which has debt of around Rs 23000 crore on its books, is 30 days behind in its interest payment schedule due to a "liquidity stress" within the company, bankers familiar with the development told moneycontrol.com. Source: ...

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