Download App
Download App
Feedback
YESBANK
NewsBot-display-image
newsbot
Reputation: 642,713  •  Sep 14, 2023 2:11 AM
Bank of Maharashtra invites bids for loans of Asian Hotels (North)
Bank of Maharashtra invites bids for loans of Asian Hotels (North)
In a rare development, Bank of Maharashtra is expecting full recovery of dues from the sale of the loans to a hotel, owned by the Jatia Group. It has set a reserve price of Rs 330 crore against Rs 324 crore dues, the bank said in a note to the asset reconstruction companies last week. Reeling under Covid 19, in December 2020, the company entered a one-time restructuring (OTR) with lenders.
The Economic Times

https://economictimes.indiatimes.com/industry/services/ho...
#YESBANK #MAHABANK

Vote

Comment
22 Shares
NSE:YESBANK price when posted: 17.7