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Last Updated : Jun 01, 2017 03:26 PM IST | Source: CNBC-TV18

Bombay Rayon gets banks' oversight committee clearance for S4A: Sources

In one of the largest restructuring cases to be approved under Reserve Bank of India’s (RBI) S4A scheme, CNBC-TV18 Ritu Singh learns that Bombay Rayon's proposal has just been cleared by the State Bank of India (SBI) led bank consortium as well as the oversight committee.

In one of the largest restructuring cases to be approved under Reserve Bank of India's (RBI) Scheme for Sustainable Structuring of Stressed Assets (S4A) scheme, CNBC-TV18 Ritu Singh learns that Bombay Rayon's proposal has just been cleared by the State Bank of India (SBI) led bank consortium as well as the oversight committee.

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First Published on Jun 1, 2017 12:35 pm

tags #Business

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