Dena Bank, an Indian lender, has started the process of divesting some of its real estate assets, including properties housing its branches, valued at 462 crore rupees ($65.2 million).

The lender has listed 14 properties, including six branches in Mumbai, and issued a request for a bid to appoint a legal consultant for the divestment.

The other assets include residential apartments in prime locations in Mumbai, New Delhi and Hyderabad.

Dena Bank said that the transaction is part if its non-core asset divestment plan and the company will use the proceeds from the sale to add to its capital.