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IOB to sell 92 NPAs worth Rs 13,000 crore, among biggest sales

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.

NPA Loans: Indian Overseas Bank to Sell ₹13k Cr Worth of NPAs in One of the Biggest Sales | Chennai News

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.

Meet Gautam R Morarka who bought number plate for this price, he is from

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