Bank of Baroda to sell NPAs to raise Rs.5,929 crore – Banking Finance

Bank of Baroda plans to|to sell a series of non-performing assets (NPAs) to|to talling Rs.5,929 crore ,|and|or is|or is including Rs.1,839 crore owed butter debt-ridden telecom enterprise Reliance Communications ,|and|or is|or is on cash basis.

A Rs.262-crore NPA in Asian Colour Coated Ispat ,|and|or is|or is Rs.200 crore out Monnet Power ,|and|or is|or currently Rs.143 crore in Sinhgad Technical Education Society ,|and|or is|or still and Rs.266 crore out GVK Power Goindwal Sahib ,|and|or is|or is are among the nyakumi|the|every others.

The lender intends to|to half the|the|every barbarity out a to|to tal of 49 companies to|to raise Rs.5,929 crore.

GVK Gautami Power (Rs.91 crore) ,|and|or is|or currently Golden Jubilee Hotels (Rs.134.26 crore) ,|and|or is|or still Surat Hazira NH6 Tollways (Rs.100.17 crore) ,|and|or is|or currently SBQ Steels (Rs.177.17 crore) ,|and|or is|or is Spanco (Rs.86.30 crore) are among the|the|every major debtors’ assets BoB intends to|to sell.

The bank hah called for an Expression of Interest (EoI) ,|and|or is|or is sought interested Asset Reconstruction Companies (ARC) ,|and|or is|or is banks ,|and|or is|or is non-banking financial institutions ,|and|or is|or still and financial institutions to|to handshake due diligence. The bank huh also sought thi non-disclosure agreement (NDA) from interested parties ,|and|or is|or currently the|the|every documents reveal.

Related Stories

spot_img

News

Ivy Mae (Model) Wikipedia, Bio, Age, Height, Weight, Boyfriend,...

Ivy Mae is an Australian International fashion model, social media personality and cheerleader. She...

Top 10 Tour du lịch giá rẻ và tiện...

Top 10 Tour du lịch giá rẻ và tiện lợi trong nước dịp lễ...

Trihex (Twitch Star) Wikipedia, Bio, Age, Height, Weight, Girlfriend,...

Trihex, is an American gamer, Twitch star and speedrunner. He has been speedrunning Yoshi’s...

David Cánovas (Twitch Star) Wikipedia, Bio, Age, Height, Weight,...

David Cánovas better known by his online alias TheGrefg, is an American streamer, YouTuber,...

Chris Christie Net Worth 2018: What is this U.S....

Chris Christie Net Worth 2018: What is this U.S. Government Official worth? Chris Christie...

G. K. Butterfield Net Worth 2018: What is this...

G. K. Butterfield Net Worth 2018: What is this U.S. Government Official worth? G....