Clues by Admin • 28 Aug 2018, Tuesday
SBI the lead banker in a lenders’ consortium to Bombay Rayon Fashions Ltd, plans to sell loans of Bank of India (BoI), Allahabad Bank and Karnataka Bank to an asset reconstruction company (ARC). The consortium has decided that the ... Continue Reading
Read More at Livemint
Clues by Admin • 7 Aug 2018, Tuesday
The State Bank of India has invited bids from asset reconstruction companies to offload a loan of Rs 2,200 crore given to Bombay Rayon Fashions after the apparel maker defaulted on repayments. SBI has kept a reserve price of Rs 900 crore, ... Continue Reading
Read More at The Economic Times

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