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Essar Steel lenders urge NCLAT to expedite resolution process

Jul 11 2018

Lenders to Essar Steel today urged the NCLAT to complete its insolvency resolution process in "quick" time, saying the debt-ridden company is incurring a daily loss of Rs 17 crore.

Russia's VTB Bank says no longer lending to Deripaska: CNBC

May 23 2018

VTB (VTBR.MM), Russia’s second-largest bank, has stopped lending to sanctioned Russian metals tycoon Oleg Deripaska, VTB’s President Andrei Kostin told CNBC in an interview released on Wednesday.

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