November 12, 2026
Business

PSU banks’ stressed asset sales falter on legal risks, valuation gaps(Soban News)

PSBs conducted 2,72,208 stressed-asset auctions through the Bank Asset Auction Network (Baanknet) platform between 1 July 2024 and April 30, 2026. However, only 26,493 auctions drew bids, implying that over 90% of auction listings failed to receive any bid.

​PSBs conducted 2,72,208 stressed-asset auctions through the Bank Asset Auction Network (Baanknet) platform between 1 July 2024 and April 30, 2026. However, only 26,493 auctions drew bids, implying that over 90% of auction listings failed to receive any bid. by Soban News (international And National News)

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