After 863-day wait, SBI set to recover this much as ArcelorMittal pays up for Essar Steel; what’s next for IBC

After a long wait of 863 long days, banks including SBI, IDBI Bank, Canara Bank, PNB among others have recovered a whopping Rs 42,000 crore, after ArcelorMittal made the promised repayment following resolution of Essar Steel.
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