IDFC Bank sells Rs 2,400 crore NPAs to Edelweiss Asset Reconstruction Company

Loans to a pool of 12 companies, including GVK Gautami, GMR Rajahmundry, Monnet Power and Coastal Projects and totalling Rs 2,335 crore, was sold in August for Rs 621crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/2zjgfQf