State Bank of India (SBI) is all set to buy four premium flats in Mumbai’s posh Peddar Road area from the loss-making Air India for Rs 90 crore. In this regard, a legal team of Air India is preparing a draft sale agreement which will then be given to the counterparts from the SBI, the country’s largest lender.
Recently, the Centre gave go-ahead to state-owned Air India to sell the flats to SBI for about Rs 90 crore as part of the airline's asset monetisation plan.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
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