Banks firm up plans to sell Vijay Mallya’s assets


Banks firm up plans to sell Vijay Mallya’s assets

“From now on, the ED will have no role to play as far as the auction of restored assets is concerned. The banks, however, have to execute a bond before the special court before auctioning the assets,” an official said.

Introducing the revision of services in savings bank accounts, the lender in a notice said the free transaction limits (for select facilities) and lock discounts offered to individual savings bank customers are being revised from July 1, 2021.


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