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Chambal Breweries & Distilleries LtdImportant, 01-01-1970: Company Update

01-01-1970 | 12:00 am

Jana Small Finance Bank has initiated recovery proceedings for two defaulting loan accounts, with total outstanding amounts of around Rs. 7.11 Cr and Rs. 3.03 Cr, respectively, through action on mortgaged properties. PNB Housing Finance is conducting e-auctions for several mortgaged properties to recover overdue amounts. These properties have reserve prices ranging from Rs. 7.00 Lakh to Rs. 4.89 Cr, indicating active efforts to manage asset quality. Separately, Aavas Financiers has taken possession of a property linked to a defaulted loan of Rs. 15.16 Lakh. These actions underscore the companies' commitment to recovering dues and strengthening their balance sheets.

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