 "News Digest")
Final bidding round: ArcelorMittal, Numetal vie for debt-laden Essar Steel
The race to take over Essar Steel entered the final phase with the submission of two bids on Monday, one by Numetal, a company in which VTB Bank has a majority and the Ruias are a minority partner, and the other by ArcelorMittal. Read More
RBI withdraws SDR, S4A, gives 180-day time for NPA resolution
The Reserve Bank of India (RBI) on Monday precluded chances of banks reporting divergent asset classification norms on the same account by stating that if in a
The race to take over Essar Steel entered the final phase with the submission of two bids on Monday, one by Numetal, a company in which VTB Bank has a majority and the Ruias are a minority partner, and the other by ArcelorMittal. Read More
RBI withdraws SDR, S4A, gives 180-day time for NPA resolution
The Reserve Bank of India (RBI) on Monday precluded chances of banks reporting divergent asset classification norms on the same account by stating that if in a
