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IDBI Bank invites bids to sell non-performing account Amzen Transportation

IDBI Bank has invited bids to sell its non-performing account Amzen Transportation Industries for a reserve price of Rs 52 crore. The lender intends to sell its identified non-performing asset on all cash basis to ARCs/banks/NBFCs/FIs in line with the regulatory guidelines and the bank’s policy on sale of financial assets.

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