Essar resolution to have significant impact on financial ecosystem: Satish Gupta, Essar's Resolution Professional

"The resolution of Essar Steel with realisation of more than Rs 42,000 crore has significant impact on financial ecosystem. With availability of funds and committed additional infusion of Rs 8,000 crore by ArcelorMittal, Essar Steel’s under-utilised productive asset can now operate at its optimal level of production and enhance capacity utilisation," the resolution professional of Essar Steel said.

from Banking/Finance-Industry-Economic Times https://ift.tt/38goCME