SBI fails to draw buyers for Hindusthan National Glass’ Rs 1,703-cr bad debt

SBI fails to draw buyers for Hindusthan National Glass’ Rs 1,703-cr bad debt

MUMBAI: State Bank of India (SBI) failed to attract investors at an auction held on Thursday to sell Rs 1,703 crore debt of Hindusthan National Glass & Industries (HNGIL), the country’s largest glass bottle maker, whose debt resolution has been delayed by more than a year due to the litigation between the two bidders in … Read more