Unity Small Finance Bank's E-Auction Challenged By Borrower in Mumbai; USFB Issues Statement

The public notice, issued by Venkataraman Narasimha Ayyangar, Director of Ravijyot Finance & Leasing Pvt. Ltd., has been addressed to Unity Small Finance Bank, prospective bidders, financial institutions, developers and the general public. It challenges the legality of the proposed e-auction and cautions prospective buyers against participating in the sale until the dispute is resolved.

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