Lenders of the telco, which filed for bankruptcy in May 2019, are worried that similar to the Aircel case, the Reserve Bank of India (RBI) is unlikely to permit asset reconstruction firm UVARCL buying RCom’s spectrum and other assets under a resolution plan, the people said.
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Lenders discuss option to invite fresh bid for Reliance Communications' assets with resolution professional
Lenders discuss option to invite fresh bid for Reliance Communications' assets with resolution professional
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