Central Bank of India and State Bank are among VVF's lenders, and they too are proposing to sell their debt soon. VVF’s other lenders include Punjab National and Bank of Baroda.source https://economictimes.indiatimes.com/industry/banking/finance/banking/kotak-mahindra-bank-backed-phoenix-arc-set-to-acquire-bank-of-indias-vvf-india-loan/articleshow/91248284.cms
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