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    • Banks may initiate debt recast plan for 3 steel cos: Srcs

      Banks may initiate debt recast plan for 3 steel cos: Srcs

      Bhushan Steel, which has a debt of about Rs 40,000 crore, seems to be the most likely contender for the S4A or Scheme for Sustainable Structuring of Stressed Assets, learns CNBC-TV18 from sources. Electrosteel and Visa Steel are the other two companies.

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