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SBI invites bids for overseas oil & gas assets of Videocon Industries

06 Aug 2019 Evaluate

State Bank of India (SBI) has invited bids for overseas oil and gas assets of Videocon Industries, as the government seeks to recover billions of dollars in loans from the beleaguered private firm. SBI had appointed consultant Deloitte to find buyers for Videocon's exploration assets in Brazil and Indonesia.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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