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Punjab and Sind Bank to sell KSK Mahanadi loans to ARCs

Published: January 27, 2024

Punjab and Sind Bank, frustrated by the delay in resolving KSK Mahanadi Power's corporate insolvency, plans to sell its debt to asset reconstruction companies (ARCs). The bank has invited offers from ARCs for its loans to KSK Mahanadi Power and KSK Water Infrastructure.

Source: indiatimes.com

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