Wednesday, October 30, 2024

BANKING

Stressed assets undergoing liquidation under insolvency laws will now be listed and auctioned on the eBKray platform, run by PSB Alliance. This move, facilitated by IBBI and Indian Banks' Association, aims to maximize recovery for creditors by improving transparency and making asset details continuously available to the public.

from Banking/Finance-Industry-Economic Times https://ift.tt/4ysrxvJ
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