Subhechha Bikas Bank opening bid for auction of 5.16 k units of scrips today

ShareSansar, January 16:

Subhechha Bikas Bank Limited is opening the bid for the auction of promoter and ordinary shares of different organizations held by its loan defaulters.

The scrips on auction include 77,500 units of promoter shares of NCC Bank Limited, 1,60,000 units of promoter shares of NB Bank Limited,  51,000 units of promoter shares of NB Insurance Limited, 27,642 units  of ordinary shares of NB Bank Limited and  1,00,000 units of promoter shares of Siddhartha Development Bank Limited.

Altogether 5,16,142 units of shares are in the auction. The invitation for bid had opened on January 1 and had closed on January 15.