Home / BUSINESS / Scan Steels enters into OTS with three banks

Scan Steels enters into OTS with three banks

Scan Steels has entered in One Time Settlement (OTS) with three Lender Banks among consortium members namely IDBI Bank, Bank of India and Central Bank of India. The company has made full and final payment under OTS/NS Scheme with IDBI Bank for Rs 23 crore, Bank of India for Rs 13 crore and with Central Bank of India with Rs 5 crore.

Scan Steels is renowned name in Iron and Steel Industry backed by 21 glorious years of experience in steel making. It is under his stewardship the company grew from strength to strength and now has steel manufacturing facilities.

Please share this news