To make recovery of about Rs 1,553 crore, state-owned Andhra Bank has invited bids from asset reconstruction companies (ARCs) to sell non-performing assets of more than 50 accounts.

Andhra Bank puts up Rs 1,553-cr NPAs for sale, would prefer cash bids

Agencies have accused Garg, a chartered accountant who was on the bank's board for three years until October 2009, of receiving bribes from the Sterling executives between 2008 and 2009

Andhra Bank sinks to a 15-year low amid fraud probe involving ex-director

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Andhra Bank puts up Rs 1,553-cr NPAs for sale, would prefer cash bids

Andhra Bank sinks to a 15-year low amid fraud probe involving ex-director