Indian Overseas Bank seeks buyers for 344 bad loans - Economic Times

Aban Holdings has outstanding loans of ₹1,271 crore, the largest account on the list. Two Essar companies are Essar Oil & Gas Exploration with ₹77.8 crore outstanding, and Essar Power Gujarat with ₹148 crore. Other big-ticket accounts include Rotomac Global w…

(IOB) is seeking buyers for its distressed loan portfolio that includes advances to Aban Holdings, Rotomac Global, Essar Group companies and subsidiaries of GVK and Lanco groups, two people aware of … [+1786 chars]

full article...