Axis Bank and Cholamandalam Investment and Finance are actively recovering defaulted loans.

Axis Bank issued multiple possession notices for properties with dues ranging from approximately Rs. 0.15 Cr to over Rs. 0.30 Cr per account.

Cholamandalam announced an e-auction for a secured asset with Rs. 0.21 Cr outstanding and a Rs. 0.25 Cr reserve price.

These actions highlight ongoing efforts by both institutions to manage non-performing assets and strengthen their balance sheets.