Banks take 'symbolic possession' of Pune stadium over loan default
A consortium of lenders led by Bank of Maharashtra has taken 'symbolic possession' of Pune's Maharashtra Cricket Association Stadium over non-payment of loan by stadium authorities. The Maharashtra Cricket Association has failed to repay dues of â¹69.53 crore to Bank of Maharashtra, Karnataka Bank, Bank of Baroda and Andhra Bank despite being served a 60-day notice on August 18. 