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Indira Container Terminal case: Canara Bank takes Swiss auction route

Indira Container Terminal case: Canara Bank takes Swiss auction route

3 min read Last Updated : Aug 05 2024 | 10:38 PM IST State-owned Canara Bank, the lead bank in a consortium of lenders to Mumbai-based Indira Container Terminal, has invited counter-bids from interested entities on an all-cash structure for recovering the dues of secured creditors to the company in a kind of Swiss...

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Union Bank gets counter bids for only Jaypee Healthcare in Swiss auction

Union Bank gets counter bids for only Jaypee Healthcare in Swiss auction

3 min read Last Updated : Jul 07 2024 | 5:43 PM IST Union Bank of India’s Swiss challenge auction on July 5 for five troubled accounts has attracted counter bids for only Jaypee Healthcare Ltd. Delhi-based Shine Star Build Cap emerged as the highest bidder to acquire the public sector lender’s non-performing debt...