Press release about ABG Shipyard issue by SBI

ABG Shipyard was incorporated on 15 March 1985, has been banking arrangements since 2001. Financed under Consortium arrangement over a two dozen lenders. Leader in Consortium was ICICI Bank. Due to poor performance, account became NPA on 30/11/2013. Several efforts were made to revive the company operations but could not succeed. Account was restructured under […]
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