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RINL RESTRUCTURING PACKAGE
SBI board approves RINL recast planSBI's board has approved a restructuring package for Rashtriya Ispat Nigam (RINL), paving the way for other government lenders to follow su...- Lenders close to finalising recast package for Vizag's RINLBanks, led by SBI, are finalizing a restructuring package for Vizag's Rashtriya Ispat Nigam (RINL) to revive the previously defunct steelma...
- Lenders to Vizag Steel form consortium for uniform debt resolutionLenders have formed a consortium led by SBI to create a uniform debt resolution plan for RINL, which has been operating at one-third capaci...
- Rescue package on the cards for MTNL, RINL; committee to take final call on servicing MTNL debt of nearly Rs 8,000 crThe government is considering bailout plans for MTNL and RINL, with discussions involving the finance ministry. A committee will decide on ...
- Parliamentary panel asks govt to review trade pacts with Japan, KoreaThe panel appreciated the measures taken by government to bail out the beleaguered steel industry reeling under an "unprecedented crisis".
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