Monday, August 13, 2018

SBI to sell NPAs Shivam Dhatu, BRFL worth Rs 2,490 crore

The two accounts on sale are Bombay Rayon Fashions (BRFL) and Shivam Dhatu Udyog. BRFL owes nearly Rs 2,261 crore, while Shivam Dhatu Udyog has to repay Rs 229 crore. The loan dues from Bombay Rayon excludes equity investment.

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