Baba Ramdev’s Patanjali to pay off Ruchi Soya lenders; another boost for lenders after Essar Steel

In another boost for lenders under insolvency and bankruptcy code (IBC), the resolution plan for debt-ridden edible oil firm is likely to be completed Monday after Baba Ramdev-led Patanjali Ayurved secured funding from five banks.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2PpleIr