Karnataka Bank Limited is conducting the sale of its Non-Performing Loans under the... Tender
KARNATAKA BANK LTD. has floated a tender for Karnataka Bank Limited is conducting the sale of its Non-Performing Loans under the Swiss Challenge Method (SCM) comprising 8 financial assets with a total principal outstanding of INR 87.81 Crore. The Proposed Sale carries a base price of INR 15.00 . The project location is Mumbai, Maharashtra, India. The reference number is and it is closing on 14 Sep 2025.
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Procurement Summary
State: Maharashtra
Summary: Karnataka Bank Limited is conducting the sale of its Non-Performing Loans under the Swiss Challenge Method (SCM) comprising 8 financial assets with a total principal outstanding of INR 87.81 Crore. The Proposed Sale carries a base price of INR 15.00
Karnataka Bank Limited is conducting the sale of its Non-Performing Loans under the Swiss Challenge Method (SCM) comprising 8 financial assets with a total principal outstanding of INR 87.81 Crore. The Proposed Sale carries a base price of INR 15.00 Crore and invites Expression of Interest from eligible Scheduled Commercial Banks, Small Finance Banks, Asset Reconstruction Companies, Non-Banking Financial Companies, and All India Financial Institutions to participate in the bid process through an e-auction.