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E-Auction of Mortage Properties

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....-Auction of Mortage Properties <br>News and Press Release<br>Dated:- 9-3-2013<br><BR>During the meeting of General managers (Recovery/Legal) of all Public Sector Banks (PSBs) held on November 1, 2012,....

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.... PSBs were advised that all auctions of the immovable properties under 'The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002' be done thr....

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....ough e-Auction with a view to conduct free, fair and transparent auctions. In line with the instructions from the Government, the PSBs have already finalised the service provider for e-auctions and m....

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....any banks have started conducting e-auctions of the immovable properties under SARFAESI Act. This was stated by the Minister of State for Finance, Shri Namo Narain Meena in a written reply to a quest....

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....ion in the Lok Sabha today. DSM/RS/ka (Release ID :93331)<BR> News - Press release - PIB....