In the Swiss auction process, lenders first hold an auction of the NPA, and the offer made by the highest bidder (also known as anchor bidder) is set as the reserve price.from Stocks-Markets-Economic Times https://ift.tt/3mq7vkI
Wednesday 22 December 2021
SBI, Union Bank to go ahead with Swiss Challenge auction for KSK Mahanadi Power loans
In the Swiss auction process, lenders first hold an auction of the NPA, and the offer made by the highest bidder (also known as anchor bidder) is set as the reserve price.from Stocks-Markets-Economic Times https://ift.tt/3mq7vkI
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