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

09 Oct 2019 Evaluate

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.

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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