Edition:
United Kingdom

Andhra Bank Says Co's Exposure To Sterling Group Companies At 11.44 Bln Rupees


Thursday, 19 Jul 2018 

July 19 (Reuters) - Andhra Bank ::CO IS LEAD BANK OF CONSORTIUM IN CASE OF TWO GROUP COMPANIES OF STERLING GROUP.CO'S EXPOSURE TO STERLING GROUP COS AMOUNT TO 11.44 BILLION RUPEES AS ON DATE.CO'S EXPOSURE TO STERLING GROUP COMPANIES WAS CLASSIFIED AS NON-PERFORMING ASSETS SINCE MARCH 2015.CO HAS ALREADY LODGED FORMAL COMPLAINT WITH CBI AGAINST STERLING GROUP COMPANIES.