As many as 40 companies, mostly from the hospitality and real estate sectors, have submitted expressions of interest in a sale process overseen by the bankruptcy court. The five-star hotel, owned by the Advantage Raheja Group, has 281 rooms and is located in the heart of the city.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs