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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.

    • Expect no negative asset quality surprises in Q3: Andhra Bk

      Expect no negative asset quality surprises in Q3: Andhra Bk

      In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

    • Steel biz to be fully operational by Q1 end: Visa Steel

      Steel biz to be fully operational by Q1 end: Visa Steel

      Visa Steel has received only 400 acres of land from the government out of 1,200 acres it had applied for. But talking to CNBC-TV18, Vishambhar Saran, chairman, says this has not affected the company‘s plans as it has the capacity to expand within the existing land and double existing production capacity for all products.

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