Punjab & Sind Bank to Sell Two KSK Loans

Punjab & Sind Bank to Sell Two KSK Loans

State-run Punjab & Sind Bank has started the process of recovering bad loans by selling them in the secondary markets. The bank is following in the footsteps of other lenders like State Bank of India and Bank of India. Punjab & Sind Bank is planning to put up for sale loans of KSK Mahanadi and KSK Water Infrastructure. This move is aimed at reducing the bank’s non-performing assets and recovering the loan amount. By joining other banks in selling bad loans, Punjab & Sind Bank hopes to improve its financial position and strengthen its balance sheet.

Tags: , , , ,

Admin

Admin

Leave a Reply

Your email address will not be published. Required fields are marked *