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Indian Bank takes possession of property

COIMBATORE: Indian Bank has attached and taken possession of assets mortgaged to the bank for the advance availed from the bank in the name of Rockfort Granites Pvt. Ltd., Umayalpuram, Tiruchi District. According to a bank release, since the borrowers/guarantors had not repaid the liabilities outstanding (Rs. 184.46 lakhs) in the mentioned account, the bank took possession of the assets.

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