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  1. Coal India to ease e-auction norms; Plan to change auction, allocation method

    Coal India to ease e-auction norms; Plan to change auction, allocation method

    New Delhi Maharatna coal giant Coal India Limited (CIL) on Friday said it has taken steps to relax e-auction norms such as reducing collateral and increasing the quantity of dry fuel on offer.The company also plans to modify its auction and allocation methodology as it aims to encourage...
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    • auction coal company consumers demand e-auction giant india meet mode relax reserve single steps taken
    • Category: Business & Economy
  2. IOB to sell 92 NPA accounts with outstanding amount of Rs 13,472 crore

    IOB to sell 92 NPA accounts with outstanding amount of Rs 13,472 crore

    New Delhi, Indian Overseas Bank (IOB) on Sunday said it will sell nine non-performing loans with total outstanding of Rs 13,471.68 crore through e-auction on May 28.The public sector lender has invited expressions of interest (EOI) by May 13 from asset reconstruction companies (ARCs) and other...
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    • 1 min read
    • 13,471.68 accounts asset bank banking crore e-auction interest invited loans outstanding overseas portfolio reconstruction total
    • Category: Business & Economy
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