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NCLAT's Essar Steel order, which combines the rights of secured creditors with unsecured creditors, can raise interest rates on all loans, say bankers; request an amendment to the IBC. Watch Latha Venkatesh in conversation with VG Kannan, CEO of the Indian Banks Association; Sunil Srivastava, former Deputy Director, SBI; Shardul Shroff, corporate lawyer, and Bahram Vakil, from ABZ & partners.
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