IndusInd looks to sell Rs 1.5k crore microfinance NPAs – Times of India
[ad_1] MUMBAI: IndusInd Bank has decided to auction Rs 1,573 crore of non-performing microfinance loans in a bid to clean up its balance sheet. The bank has set a reserve price of Rs 85 crore, indicating that it has written down nearly 95% of the value of these loans.Meanwhile, IndusInd Bank promoters – IndusInd International…
