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<h3>NPA crisis: The rise and fall of Bhushan Steel into the great </h3><p>Bhushan Steels spiralling journey from an expanding steel mill to one of Indias biggest loan defaulters reveals how risky corporate gambles have hobbled our banks.  Meanwhile, the western world was about to plunge into a crippling credit crisis triggered in the United States. For the Singals, one of Indias largest steel producers, this was a time of frenetic expansion of their steel plant in Odisha, while their quest for coal and ore took them as far as Australia. </p>

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<h3>NPA crisis: The rise and fall of Bhushan Steel into the great </h3><p>Bhushan Steels spiralling journey from an expanding steel mill to one of Indias biggest loan defaulters reveals how risky corporate gambles have hobbled our banks.  Meanwhile, the western world was about to plunge into a crippling credit crisis triggered in the United States. For the Singals, one of Indias largest steel producers, this was a time of frenetic expansion of their steel plant in Odisha, while their quest for coal and ore took them as far as Australia. </p>

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