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Bank of Baroda Places Rs. 400 Crores Worth Properties for Auction
September 12, 2017
In a fresh attempt at cleaning the NPA mess, public sector Bank of Baroda(BoB) has put as many as 275 residential and commercial properties across the country for auction.
The collective reserve price of the properties is above Rs. 400 and the last date for submission 25th September. The sale will be conducted online between 1 pm and 3 pm on 26th September.
The sale, which the lender has promoted as a “Mega e-auction” has been announced by the Non-Performing Asset (NPA) appellate authority, a notice on BoBs website says.
