Prabha Energy Limited — Others, 15-05-2025: Copy of Newspaper Publication

Bank of Baroda and State Bank of India have issued notices to multiple borrowers for defaults on secured home and term loans, classifying these accounts as non-performing assets. Outstanding dues range from Rs. 2.32 lakh to over Rs. 15 lakh. Borrowers are required to clear their dues within 60 days to avoid enforcement actions such as foreclosure or auction of the mortgaged residential properties and land. Interest will keep accruing on overdue amounts until full repayment. This move highlights the banks’ focus on recovering stressed loans and managing asset quality.