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PNB, BoI among other lenders expect to recover Essar Steel dues by March end

Top lenders including PNB and Bank of India (BoI) expect to recover their dues from the insolvency resolution of Essar Steel by March 31 this year. Decisions on Essar Steel have been taken decisively. Hope to resolve it by March 31,” said Sunil Mehta, MD and CEO, PNB. NB expects to recover about Rs 2,500 crore from Essar Steel while BoI expects to recover Rs 1,800 crore.

Read More at Moneycontrol News date : 15 Mar 2019, Friday

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