Canara Bank invites bids for Rs 509 crore loan of Rajesh Exports

Canara Bank is selling a ₹509.37 crore loan given to Rajesh Exports. The bank is looking for buyers for this distressed debt. This move comes as the bank awaits a decision on its bankruptcy plea against the jewellery firm. Rajesh Exports is a major gold jewellery producer. The bank aims to recover its dues through this sale.