Indian Overseas Bank initiated the sale of Non-Performing Assets (NPAs) to Asset Reconstruction Companies (ARCs).
1 report, 1 independent
Updated Aug 1
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What happened
Indian Overseas Bank initiated the sale of Non-Performing Assets (NPAs) to Asset Reconstruction Companies (ARCs).
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Central Bank of India is dealing with loan defaults, noting significant disparity in how they are being handled.Sub-event
Indian Overseas Bank begins selling NPAs to ARCs.1 source
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The entities involved
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Indian Overseas Bank
public sector bank in India
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Central Bank of India
government-owned Indian bank
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