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JBF PETRO BANKRUPTCY
Lenders invite bids to buy out stressed JBF petrochemicalsIn the process document issued by banks, prospective buyers with a minimum net worth of ₹300 crore and a consolidated group turnover of ₹2,...20 Apr, 2022, 12.38 AM IST- JBF Petro admitted to NCLT after settlement talks with bidders collapseLenders have received separate offers from Reliance Industries, KKR, Edelweiss, Indian Oil Corporation, Dubai based Citax Energy and Assets...05 Feb, 2022, 11.29 AM IST
- ARCs will now have to take the auction route to acquire NPAsTotal NPAs in the banking system are pegged at Rs 9.3 lakh crore.07 Dec, 2019, 09.16 AM IST
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