Banks expect to recover Rs 12K cr from sale of Videocon's oil blocks in Brazil

Bankers are expecting to recover as much as Rs 12,000 crore or $1.6 billion from the sale of Videocon’s Brazil oil blocks after a spurt in oil prices resulted in a boost in the valuation of the assets, according to people in the know.

from Banking/Finance-Industry-Economic Times https://ift.tt/3aEANqY