Business News: Chennai: In one of the largest sale of bad loans, state-owned Indian Overseas Bank has announced the sale of 92 NPA loans with a collective value of R.
Indian Overseas Bank announces the sale of 92 NPA loans worth Rs 13,471 crore, including accounts like Videocon, Lanco, IL&FS Financial Services, Jet Airways, and Reliance Communications. Expressions of interest are called from asset reconstruction companies for the auction of these NPAs.