RCom debt among Rs 6,000 crore NPAs put on the block by Bank of Baroda

Bank of Baroda (BoB) has put on sale non-performing assets (NPAs) worth nearly Rs 6,000 crore, including its Rs 1,838-crore exposure to Reliance Communications (RCom). The accounts are being offered on an all-cash basis.

A notification inviting expressions of interest (EoIs) from asset reconstruction companies (ARCs) for 49 bad-loan accounts worth Rs 5,928 crore said the EoIs, with indicative prices, must be filed by March 7.

Some of the other large exposures on the list are GVK Power Goindwal Sahib (Rs 266 crore), Asian Colour Coated Ispat (Rs 263 crore) and GMR Chhattisgarh Energy (Rs 218 crore).