NARCL plans improved Rs 1,200-cr offer for Videocon Oil and Ventures

Lenders rejected NARCL's ₹860-crore offer in mid-November because it was very low. At a meeting in December between the lenders and NARCL, lead bank State Bank of India had asked NARCL to make an improved offer. NARCL did not respond to ET's queries.

from Energy-Industry-Economic Times https://ift.tt/nbtzRmK