Indian Bank shocks Ganta Srinivasa Rao
AMARAVATI: In a big shock to Ganta Srinivas Rao after Indian Bank announced an auction call for his assets. According to the sources, Pratyusha company belongs to Ganta Srinivas Rao took a debt of Rs 142 crores from the bank and failed to pay the loan amount. It is said that now the debt reaches Rs 221 crore and the bank seized the assets of the seven directors of Pratyusha company. Bank announced that those who want to purchase the assets can go through the Indian Bank website for more information. It is said that one needs to apply before 15th April and will conduct e-auction on April 16.
Tags: Indian Bank, Ganta Srinivasa Rao, Andhra Pradesh,
Wed, Mar 11, 2020, 09:32 AM
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