Thursday, 13 July 2017

SBI not in favour of JSW buying stake in Monnet Ispat

MUMBAI: India’s largest lender State Bank of India is not in favour of a JSW Steel proposal in its current form to buy a controlling stake in debt-laden steelmaker Monnet Ispat, the bank informed the Mumbai bench of the National Company Law Tribunal (NCLT) on Thursday.

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via SBI not in favour of JSW buying stake in Monnet Ispat

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