Bank seizes Private hospital over non payment of outstanding loan of Rs 1.37 crore

Published On 2019-05-10 04:15 GMT   |   Update On 2019-05-10 04:15 GMT
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Bank officials said that an amount of Rs 1.37 crore was outstanding from hospital side and despite giving reminders and warnings, it was not returned.


Jammu:  A team of Jammu and Kashmir Bank has seized a private hospital after it failed to repay back an outstanding loan amount.


A team of Jammu and Kashmir  Bank assisted by the police and administration men, this afternoon, sealed one Aastha Nursing Home at Kathua.

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Bank officials said that an amount of Rs 1.37 crore was outstanding from hospital side and despite giving reminders and warnings, it was not returned.


Read Also: Maha: IT raids at 40 private hospitals, centres; Rs 6 Crore cash seized

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