NEW DELHI: Country's largest private sector lender ICICI Bank will auction this month goldjewellery weighing over 11 kg, pledged by more than 150 borrowers, who have defaulted on their payments. The auction would be conducted by the bank branches in Uttar Pradesh, Bihar andUttarakhand from April 18-22 for gold jewellery deposited by about over 150 customers as collateral for their loans, the bank said in a public notice last week. While neither the exact value of the gold ornaments being auctioned nor the outstanding loans could be ascertained, an equivalent amount of gold would be worth over Rs 3 crore at current prices.
Read more >>Click here
No comments :
Post a Comment