Union Bank takes second shot at selling KSK Mahanadi loan account

The bank has set a Rs 828 crore reserve price to sell the account, a 10% reduction from the Rs 919 crore reserve price set by the bank in August. It envisages a recovery of 40% on the account, down from the 44% recovery expected last time.

from Banking/Finance-Industry-Economic Times https://ift.tt/IpdEUgA