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  • Have collateral to protect Bilcare's Rs 51.5cr loan: UBI Apr 10, 2013 12:55 PM IST

    Have collateral to protect Bilcare's Rs 51.5cr loan: UBI

    After it slapped legal notice to their defaulter, Bilcare, Deepak Narang, executive director, United Bank of India says recovery is not an issue. Narang says the bank has fixed assets as collaterals against the defaulted loans and their value is more than the outstanding loans.

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