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

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.

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