Aircel has entered a strategic debt restructuring (SDR) process after initially reluctant lenders led by State Bank of India agreed to convert debt into equity. Photo: Pradeep Gaur/MintMumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. Read moreAircel lenders led by SBI agree to restructure debtAircel has entered a strategic debt restructuring (SDR) process after initially reluctant lenders led by State Bank of India agreed to convert debt into equity, reports The Economic Times, citing people familiar with the matter. However, the final contours of the telecom operator’s debt recast will need approval from the Delhi high court. Read moreEquitas Bank launches digital wealth managementEquitas Small Finance Bank on Monday said it has launched its digital wealth management service.

Source: Mint January 30, 2018 05:26 UTC