Spandana to transfer stressed loan portfolio to an ARC
For a consideration of Rs 95 cr
Spandana Sphoorty Financial has approved on 28 December 2022 to transfer stressed loan portfolio including written off loans of Rs.323.08 crore outstanding as on 30 September 2022 to an Asset Reconstruction Company pursuant to Swiss Challenge Method for a consideration of Rs.95 crore.Powered by Capital Market - Live News
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