Friday, January 27, 2023

Union Bank takes second shot at selling KSK Mahanadi loan account

The bank has set a Rs 828 crore reserve price to sell the account, a 10% reduction from the Rs 919 crore reserve price set by the bank in August. It envisages a recovery of 40% on the account, down from the 44% recovery expected last time.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/union-bank-takes-second-shot-at-selling-ksk-mahanadi-loan-account/articleshow/97384324.cms

No comments:

Post a Comment