India: SBI pushing for Jyoti Structures takeover by Dubai’s Amin Group

India: SBI pushing for Jyoti Structures takeover by Dubai’s Amin Group

State Bank of India (SBI) is pushing creditors of Jyoti Structures Ltd to accept a takeover proposal from Dubai-based Amin Group, despite knowing about a past working relationship between promoters of the two companies, two people with knowledge of the development said.

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