This fund will be used to repay the debt of Alchemist ARC. In the past, the company had faced various liquidity issues that resulted in defaults of its bank loans and subsequently debt was assigned in favour of an ARC.
Ratul Puri vs Bank Of Baroda on 29 February, 2024 indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.
Jaisalmer Police arrested Pratip Chaudhuri, the former Chairman of the State Bank of India, in a loan case,; Why? swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Pratip Chaudhuri, former chairman of State Bank of India, was arrested by the Jaisalmer Police in a case involving the sale of a non-performing account by India's largest lender to an asset reconstruction company.
Former bankers livid.