Union Bank Shares Rise Most In Three Months On Report Of Plans To Sell KSK Mahanadi Loan

Shares of Union Bank of India gained the most in nearly three months on a report of its plan to sell its KSK Mahanadi exposure.The lender, the second largest creditor to KSK Mahanadi Power, put its Rs 2,077-crore outstanding loan to the company on the block, the Economic Times on Wednesday reported citing an auction notice.Union Bank of India, according to the report, has set a reserve price of Rs 919 crore in cash for its exposure, …

Related Posts

Pag-IBIG Fund loan payments reached 57.6 billion pesos, an increase of 30%; PLR rises to 89.96%

Spurred by strong home loan payment collections in the past 10 months, the CEOs announced on November 28 that the Pag-IBIG Fund’s performing loan ratio (PLR) rose…

Equity recovers 90% of restructured covid loans

money markets Equity recovers 90% of restructured covid loans Monday, November 28, 2022 Equity Group’s headquarters are in Upper Hill, Nairobi. photo | NMG Equity Bank borrowers…

Meet the police to contact 70,000 potential victims after breaking down a London fraud ring

Investigators are warning 70,000 potential victims after at least £48m was netted by criminals running an online scam factory. The international scam is allegedly masterminded by a…

Putin’s war leaves the West more dependent than ever on Asian fuel

The war in Ukraine is strengthening the role of Asia and the Middle East as the world’s major suppliers of fuels such as diesel and gasoline which…

Meitar rents 17 floors in the Givatayim Tower

When completed, the Beyond project will feature 300,000 square meters of two towers of 60 and 81 floors. Mitter Law Firms has leased a…

That’s what it was like inside the extraordinary Shanghai protests

(Bloomberg) — In my nearly 13 years in China, I’ve personally witnessed more than a handful of protests: in People’s Square in Shanghai during the Jasmine Revolution…

Leave a Reply

Your email address will not be published. Required fields are marked *