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PNB seeks bids for ₹2.8 bln NPAs of Kamachi Industries

Punjab National Bank has sought bids for non-performing assets of 2.76 bln rupees of Kamachi Industries Ltd, the bank said in a notice.

Asset reconstruction companies, banks, non-banking finance companies and other financial institutions can submit bids.

By Thursday, due diligence must be finished, and on March 13 there will be an electronic auction. ....

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