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CO Bank is planning to sell its 100 non-performing assets (NPAs) aggregating about Rs 1,900 crore. The public sector bank has invited bids for the sale from asset reconstruction companies, banks, financial institutions, eligible NBFCs. The bank has offered NPAs for sale on ‘Cash and Security Receipts Basis’. The sale is on ‘As is where is’ and ‘What is where is’ basis.
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