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JLF to take Bajaj Hindusthan Sugar's loan account to S4A
24-Jun-2017

Bajaj Hindusthan Sugar today said that the Joint Lenders Forum formed by banks have decided to consider restructuring it’s loans under the 'Scheme for Sustainable Structuring of Stressed Assets Scheme popularly known as S4A.The bank owes nearly Rs 7000 crore to banks.Bankers will evaluate and formulate the Resolution Plan as envisaged in the Scheme for implementation,” the company said in a notice to exchanges.

News Source:- http://economictimes.indiatimes.com/industry/banking/finance/banking/jlf-to-take-bajaj-hindusthan-sugars-loan-account-to-s4a/articleshow/59287966.cms