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Indusind Buys Over Rs 350 Crore Loans From Psu Banks

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BUSINESS STANDARD

IndusInd Bank, in an attempt to increase its asset base, has bought over loans of Rs 350 crore from a couple of public sector banks. The bank is also in talks with a few foreign banks to take over their loan portfolio. This is the first time that a bank has bought over the loan portfolio of some public sector banks.

According to IndusInd Bank

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First Published: Sep 10 2001 | 12:00 AM IST

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