Jammu and Kashmir Bank likely to sell Rs 303 crore KSK Mahanadi Power debt to ASREC

February 16, 2023

The Swiss challenge auction is scheduled on February 27, according to a notice issued by the bank early this week. If the offer by the ASREC is not challenged, it will equate to a recovery of 40 paise on a rupee for J&K Bank.

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