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Supreme Infrastructure to equity

SBI converts debt to bankrupt infra firm into equity, Cong raises alarm
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SBI converts debt to bankrupt infra firm into equity, Cong raises alarm

TheSpuzz Desk8 months ago06 mins

Source: Business Standard 3 min read Last Updated : Sep 24 2024 | 8:50 PM IST State Bank of India’s (SBI’s) reported move to convert its outstanding debt into equity in Supreme Infrastructure India Limited (SIIL) has invited sharp criticism from Opposition Congress which on Tuesday sought the intervention of Reserve Bank of India…

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