Canara Bank

NARCL pays Srei lenders promised upfront cash – ET Infra

National Asset Reconstruction Co (NARCL), the winning bidder for the bankrupt Srei twins, has distributed to lenders Rs 2,580 crore of cash accumulated in the distressed infrastructure financiers as part of the debt-resolution program at the Kolkata-based companies. The cash was distributed as part of the Rs 3,180-crore upfront payment promised by the NARCL in […]

NARCL pays Srei lenders promised upfront cash – ET Infra Read More »

ACRE to buy Union Bank’s Rs 411 crore Visa Steel Loan – ET Infra

MUMBAI: Asset Care and Reconstruction Enterprises (ACRE), an Ares Management-backed asset reconstruction company, is set to acquire a Visa Steel loan of Rs 411 crore from Union Bank of India after no other bidders participated in the Swiss Challenge process. Union Bank held an auction on August 28 after the binding offer by ACRE triggered

ACRE to buy Union Bank’s Rs 411 crore Visa Steel Loan – ET Infra Read More »

ACRE to buy Union Bank’s Rs 411 crore Visa Steel Loan – ET Infra

MUMBAI: Asset Care and Reconstruction Enterprises (ACRE), an Ares Management-backed asset reconstruction company, is set to acquire a Visa Steel loan of Rs 411 crore from Union Bank of India after no other bidders participated in the Swiss Challenge process. Union Bank held an auction on August 28 after the binding offer by ACRE triggered

ACRE to buy Union Bank’s Rs 411 crore Visa Steel Loan – ET Infra Read More »

Open chat
1
How May I Help You.
Scan the code
Vishwakarma Guru Construction
Hello Sir/Ma'am, Please Share Your Query.
Call Support: 8002220666
Email: Info@vishwakarmaguru.com


Thanks!!