Allahabad Bank puts Rs 711-crore NPAs on sale

Kolkata-headquartered Allahabad Bank on Friday put on sale non-performing assets (NPAs) worth Rs 711 crore, including a Rs 165-crore exposure to the Patni group-owned Rohit Ferro-Tech, whose debt stood at Rs 2,889 crore at the end of March 2017.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2vScOz9