India: Tata Steel eyeing acquisition of firms in RBI list of large NPA accounts

India: Tata Steel eyeing acquisition of firms in RBI list of large NPA accounts

Tata Steel’s Koushik Chatterjee. Bhushan Steel, Electrosteel Steels, Essar Steel and Monnet Ispat are the steel companies in the RBI list of 12 large NPA accounts. Photo: Reuters

Tata Steel Ltd is closely following the insolvency resolution process initiated by banks against embattled steelmakers for inorganic growth opportunities, a top executive said on Tuesday.

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