Punjab & Sind Bank seeks bids from ARCs to sell over ₹400 cr NPAs
The Statesman|November 11, 2024
Punjab & Sind Bank is seeking bids from asset reconstruction companies (ARCs) and other eligible entities to sell Rs 403.62 crore of non-performing loans across nine accounts.

This translates into a recovery of around 91 per cent for the bank with a cumulative reserve price of Rs 370 crore.

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