BI said it has placed these accounts for sale to asset reconstruction companies (ARCs)/banks/Non-Banking Financial Companies (NBFCs)/financ...

"In terms of the bank's policy on sale of financial assets, in line with the regulatory guidelines, we place the following accounts for sal...

With fund based outstanding of Rs 3,815.04 crore and non-fund based outstanding of Rs 286.83 crore, company's total loan dues towards SBI s...

As per the bank's revised policy on sale of financial assets, in line with regulatory guidelines, SBI said it places these accounts for sal...

In terms of the bank's policy on sale of financial assets, in line with regulatory guidelines, SBI said it has placed Heavy Metal and Tubes...

While SBI has put on sale Rs 1,554.87 crore of three assets, state-run Union Bank of India has invited bids to sell 11 NPAs worth Rs 1,280....

SBI said the financial assets were showcased on Oct 12 and the e-auction will take place on Nov 7. The auction for the accounts will be hel...

The accounts in question are Sona Alloys Pvt Ltd, MCL Global Steel Pvt Ltd and Jayaswal Neco Industries.

SBI has put up 11 non-performing assets (NPAs) for sale to ARCs and financial companies to recover dues of nearly Rs 1,019 crore.

"...we place these accounts for sale to asset reconstruction companies (ARCs)/banks/NBFCs/financial intuitions," said SBI, the country's la...

Lender seizes 300 cars after payment defaults by drivers which reflect lower earnings by drivers amid a surge in cab numbers.

The maiden attempt by SBI, which has been fighting a long battle to contain bad loans, to dispose of distressed properties through an e-auc...

SBI is set to auction the outlets of Loot (India) - the retail store that gained popularity few years ago for selling multi- branded appare...

State Bank of India said it has exposure of about Rs 4,100 cr to companies that will be impacted by the Supreme Court order quashing 214 co...

With the fiscal year coming to an end, several banks are looking to sell their bad loan portfolio to strengthen their balance sheets.

The bad loan market has become active in the last couple of years after the Reserve Bank of India permitted NPA trading among banks-the lat...

A number of banks and financial institutions (FIs) are planning to sell bad loans in the secondary market in a bid to reduce their ratio of...