SBI sells exposure in Indian Steel Corp to Bain-Piramal’s ARC for ₹362 crore
Tanya Thomas email@example.com MUMBAI
State Bank of India (SBI) has offloaded its ₹929-crore exposure in Indian Steel Corp. Ltd to India Resurgence ARC, a 50:50 joint venture between Piramal Enterprises Ltd and Bain Capital Credit, to recover ₹362 crore in cash.
The public sector lender...
Read latest mint ePaper online.