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Allahabad Bank to sell bad loans worth Rs 101 crore of KEL

20 Nov 2017 Evaluate

Allahabad Bank has decided to put on sale bad loans worth Rs 101 crore of Khaitan Electricals (KEL). The Bank has scheduled e-auction for the sale of the loan on December 4.

KEL’s NPA is one of the 61 such accounts that have been identified for sale during the December quarter.

Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.



Peers
Company Name CMP
State Bank Of India 976.65
PNB 117.35
Bank Of Baroda 234.35
Canara Bank 125.30
Union Bank Of India 178.70
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