ALPHA TRIBE

GSS Infotech LimitedOthers, 02-06-2025: Copy of Newspaper Publication

02-06-2025 | 11:35 am

Axis Bank, HDB Financial Services, Protium Finance, and Centrum Housing Finance are actively pursuing recovery of loan defaults backed by properties in Andhra Pradesh, Telangana, and Hyderabad. Axis Bank has taken possession of residential and vacant sites securing Rs. 34.48 lakh in loans, while Protium Finance plans a public auction for a mortgaged property against dues of Rs. 22.22 lakh. Demand notices issued by HDB and Centrum highlight efforts to contain credit risks in retail and housing finance segments through asset repossession and legal action, signaling pressure on stressed loan portfolios.

No comments yet. Be the first to comment!

All announcements from GSS Infotech Limited