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Union Bank Receives Binding Bids for Four Loans of ₹525 crore

Union Bank of India has received bids for four stressed loans worth more than ₹520 crore from ACCIL Corporation, SDB Developers, Jaypee Healthcare and Gammon India, at less than half the value of the loans. It was on a 100% upfront cash basis to ARCIL, CFM ARC, JC Flowers and Omkara ARC. ....

Business News , Breaking Newsbudget , Latest News Updates , Economic Times , Economic Times News App , Daily Market Updates , Live Business , Union Bank , Binding Bids , Accil Corporation , Distressed Loans , Sdb Developers , Jaypee Healthcare , Gammon India ,