8
Saturday
August 2020
9:08 PM IST
News Headlines
66 players opt out of NFL season due to coronavirus pandemic        London Marathon to feature only elite runners, unique route        Rupee edges 4 paise lower to 74.98 against US dollar in early deals        Vodafone Idea shares plunge nearly 8 pc on Q1 loss        UN reports sharp increase in cybercrime during pandemic        Trump signs executive orders banning Chinese apps TikTok & Wechat        Trust for building mosque on five-acre land in Ayodhya in process of setting up office        Pak shells forward areas in Poonch        Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness        17 killed as Air India Express flight overshoots runway in heavy rains in Kozhikode in Kerala; both pilots among the dead        Serum Institute to produce up to 100 mn COVID-19 vaccine doses for India, other countries        Asthma in Kids—Know it Better        India''s COVID-19 recovery rate rises to 67.62 pc; case fatality rate drops to 2.07 pc: Govt        Eight COVID-19 patients killed in fire at Ahmedabad hospital        Chemical stored in Chennai safe, to be e-auctioned: Customs        India hits out at China for attempting to raise Kashmir issue at UNSC        1298 fresh COVID-19 cases in Kerala, death toll climbs to 97        Heavy rains pound Kerala''s northern districts; river in spate        Sri Lanka election: Early results show Rajapaksa clan heading for landslide win        Vivo suspend IPL partnership for one year; may resume in 2021        
Home   | Main News   | Kerala  | National   | International  | Business   | Sports   | Entertainment   | Columns   | Offbeat   | Health   | About Deepika 
Business News
PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr
 
New Delhi, Sep 8 (PTI) State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than Rs 1,234 crore.

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA accounts.

The accounts include Visa Steel, which has irrecoverable dues of Rs 441.83 crore, IndBarath Energy (Utkal) Rs 414.23 crore, Aster Pvt Ltd Rs 113.57 crore and Om Shiv Estates Rs 100.16 crore.

The sale is on 100 per cent cash basis, PNB said in an advertisement.

The bank has asked the prospective bidders to expedite the process of due diligence, saying it will make all possible efforts to bring copies of documents at one place for verification. The prospective buyers shall be intimated separately, depending upon their response.

The prospective bidders can evince their interest by September 12.

The last date to submit bids is September 20, 2019. The bids will be opened on September 21.

The lender is set to merge two peer banks -- Oriental Bank of Commerce and United Bank of India with itself following the government's announcement late last month to consolidate 10 public sector banks into four bigger entities.


Rupee edges 4 paise lower to 74.98 against US dollar in early deals
Vodafone Idea shares plunge nearly 8 pc on Q1 loss
Insider trading: Sebi asks Top Class to disgorge Rs 3.77 cr made in Aurobindo Pharma''s scrip
Sugar production to increase to 305 lakh tonnes in marketing year 2020-21: Ind-Ra
SBI SBI Q1 profit surges 81 pc to Rs 4,189 cr
19 income tax return filing deadline extended till Sept 30
Troubles abound, Boeing losses bloom to USD 2.4 billion in 2Q
Ashok Leyland’s latest range, ‘AVTR’, delivered to customers in Goa
Irani asks textiles sector to 'commercialise opportunities'
ICICI Bank Q1 net profit rises 36% to Rs 2,599 crore
Govt's endeavour has been to further simplify Direct Tax laws: Sitharaman
Vistara receives its first Airbus A321neo aircraft
Wipro to launch 5G edge services solutions suite
Rupee surges 15 paise to 74.59 against US dollar in early trade
BAJAJ Rahul Bajaj to step down as Bajaj Finance Chairman
Sebi comes out with guideline to verify upfront collection of margins
Steel Strips Wheels bags fresh orders worth about Rs 11.25 crore
Policybazaar to raise USD 150 million in third quarter
Long-term story of India, 2-wheeler industry remains intact: Hero MotoCorp
JC Penney cuts 1,000 jobs as it closes stores
KERALA NEWS
1298 fresh COVID-19 cases in Kerala, death toll climbs to 97
 Thiruvananthapuram: In the highest single day surge, Kerala reported 1,298 fresh COVID-19 positive c  
Heavy rains pound Kerala''s northern districts; river in spate
Kerala''s infection tally to touch 30,000 milestone soon, death toll touches 94
Heavy rains claims three more lives in Kerala, monsoon toll rises to 31
INTERNATIONAL NEWS
UN reports sharp increase in cybercrime during pandemic
 United Nations, Aug 7 (AP) A 350% increase in phishing websites was reported in the first quarter of
Trump signs executive orders banning Chinese apps TikTok & Wechat
Sri Lanka election: Early results show Rajapaksa clan heading for landslide win
Lebanese Red Cross: Toll from Beirut blast rises to 100 dead
NATIONAL NEWS
Trust for building mosque on five-acre land in Ayodhya in process of setting up office
 Lucknow, Aug 6 (PTI) The Trust constituted by the Uttar Pradesh State Sunni Central Waqf Board to co
Pak shells forward areas in Poonch
Centre releases Rs 890 cr as 2nd tranche of package for COVID-19 health system preparedness
Eight COVID-19 patients killed in fire at Ahmedabad hospital
Untitled Page
Rashtra Deepika LTD
Copyright @ 2020 , Rashtra Deepika Ltd.