Resolution professional Satyendra Khorania confirmed the extension of the timeline through an email response. Bidders for the distressed company include India’s largest private sector company, Reliance Industries, and Kolkata-based MCPI, which is a part of The Chatterjee Group (TCG).
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable