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SBI sends recovery notice to Yash Birla’s firm

SBI sends recovery notice to Yash Birla’s firm

Friday, April 14, 2017, 5:29 PM

State Bank of India on Thursday sent notice to two directors of Birla Cotsyn to repay Rs 17.80 crore debt. “The defaulted borrowers (Birla and Murthy) are notified to pay their dues to the bank within fifteen days from the date of publication of this notice failing which further appropriate legal actions will be initiated against them at their cost,” the bank said.
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