Mr. S. Sridhar, Chairman and Managing Director, Central Bank of India said that the bank was in the process of evaluating bids from Asset Reconstruction Companies to sell NPAs worth 4 billion rupees. The final decision is expected in a couple of days. He also said that bank was expecting a credit growth of 15-16 per cnet in FY10 against a target of 18 per cent.
Source: http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/Central-Bank-of-India-finalising-bids-for-NPA-sale/articleshow/5611707.cms
CENTRAL BANK OF INDIA FINALISING BIDS FOR NPA SALE
Labels: BANKING N FINANCE
Subscribe to:
Post Comments (Atom)
0 comments
Post a Comment