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4-Traders Homepage  >  Shares  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Bank of Maharashtra Ltd    MAHABANK   INE457A01014

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THREE PSBs PLAN TO SELL Rs2,700-CRORE NPAs TO ARCs

08/24/2015 | 08:00pm US/Eastern

Bank of Maharashtra (BoM), Corporation Bank, and Union Bank of India (UBI) are planning to sell non-performing assets (NPAs) worth Rs2,700 crore to asset reconstruction companies in Jul-Sep 2015. UBI has proposed to sell NPAs worth Rs1,200 crore; Corporation Bank, Rs1,000 crore; and BoM, Rs500 crore.

Copyright (c) 2015 . Informatics India Ltd., source Indian Business Insight

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