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Indusind Recovers Rs 70 Crore Sticky Assets In 3 Quarters

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Our Banking Bureau BUSINESS STANDARD
Last Updated : Jan 28 2013 | 1:27 AM IST

IndusInd Bank has recovered more than Rs 70 crore in the first three quarters of the current fiscal and is likely to recover more than Rs 100 crore by the end of the year.

The bank is taking action against defaulters through a slew of measures which include moving the debt recovery tribunals (DRT), slapping notices under the Securitisation Bill as well as filing criminal cases against some of them.

According to IndusInd Bank

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First Published: Jan 14 2003 | 12:00 AM IST

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