Essar Group repays more than 80% of its total debt in 2 years
Essar Group on Monday said it has repaid over â¹1.37 lakh crore of debt over the past two years, which is over 80% of the group debt. The group's holding company Essar Global Holdings has repaid its last tranche of debt of â¹12,000 crore to various banks. The only continuing lender for Essar Global is now Russia's VTB Group.