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Jaiprakash Associates
01 Jul 2016
Jaypee account a non performing asset, banks may invoke SDR: SBI official
Amid reports that lenders may take majority control of the debt-laden Jaiprakash Associates, a senior SBI official today said it has classified the account as an NPA and lenders will soon meet to take a call on invoking Strategic Debt Restructuring (SDR) provisions.
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