The Debt Recovery Tribunal here has reserved its order on the pleas of SBI-led consortium of banks for recovery of over Rs 9,000 crore from beleaguered liquor baron Vijay Mallya in the Kingfisher Airlines case.
In an interview with CNBC-TV18, K Srinivasan said that the demand pick up is significantly better in this fiscal and the company's capacity utilisation is also scaling up, which is expected to be around 80 percent for the second quarter.
"We expect the overall growth to be above 15 percent on a consolidated basis as soon as the new capacities start coming up in India", K Srinivasan, MD of Carborundum Universal told CNBC-TV18.
Single platform for consumer loan products goes live, simplifying the bank's lending portfolio operations
In an interview with CNBC-TV18, K Srinivasan, MD, Carborundum Universal spoke about the latest happenings in the company and the road ahead.