Live Breaking News & Updates on Distressed Assets Of Sbi

Global and local distressed asset investors are considering buying some of State Bank of India s bad loans. The bank has identified 331 non-performing assets with a total value of $11.6 billion. The move comes as Indian lenders have increased efforts to identify and sell distressed assets following transparency and efficiency reforms. SBI had put up 150 distressed assets worth $5.3 billion for sale in the previous financial year. ....

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