Indian Overseas Bank invites bids to sell one of its NPA accounts to recover Rs 187 crore | | Udaipur News | Udaipur Latest News | udaipur local news । Udaipur Updates
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Indian Overseas Bank invites bids to sell one of its NPA accounts to recover Rs 187 crore

Indian Overseas Bank (IOB) has invited bids to sell one of its non-performing asset (NPA) accounts in order to recover dues of over Rs 187 crore. The Kolkata-based borrower Jai Balaji Industries, which is into steel business, has an outstanding of Rs 187.10 crore to the bank.

Indian Overseas Bank is a pioneer in many fields – Banking, Insurance and Industry with the twin objectives of specialising in foreign exchange business and overseas banking.

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