India Digest: Clix Capital funding; Bhushan Steel loans, Alok Ind sale; Bank of India stressed assets

India Digest: Clix Capital funding; Bhushan Steel loans, Alok Ind sale; Bank of India stressed assets

While Clix Capital is eyeing funding of $250 million, Acre ARC is close to acquiring the loans of Bhushan Steel. Also, four suitors have shown interest in Alok Ind, and Bank of India has put over Rs 2,400 crore of distressed assets up for sale.

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