Banks to auction Winsome Diamonds assets to recover Rs 4,300 crore loan

Bankers to Winsome Diamonds & Jewellery have begun the process of selling its mortgaged assets to recover dues estimated at Rs 4,300 crore.Government-owned Punjab National Bank (PNB), the largest lender, has already declared the company a wilful defaulter. In October 2014, Standard Chartered Bank, another key lender, 
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