Tuesday, March 14, 2023

BANKING

Union Bank had put on sale a ₹410-crore loan of bankrupt Visa Steel and set the reserve price at ₹164.28 crore, entailing a recovery of at least 40%. For the ₹212-crore debt to Hotel Horizon, the reserve price was set at ₹165 crore, seeking at least 77% recovery.

from Banking/Finance-Industry-Economic Times https://ift.tt/SYghc59
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