Friday, June 2, 2023

BANKING

The debt on sale includes exposures from Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India, and India Infrastructure Finance Co. Indian Overseas Bank holds the largest share at 36.5%. While Bank of India, Tamilnad Mercantile Bank, and ARCs - Suraksha ARC & Phoenix ARC - are not included in the debt sale. IOB has the largest share of 36.5% followed by Canara Bank at 19.35% and IIFCL at 18.48%.

from Banking/Finance-Industry-Economic Times https://ift.tt/SO05oQM
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