MoneyWorks4Me

SBI puts up for sale NPA account of MSP Metallics

17 Apr 2021 Evaluate

State Bank of India (SBI) has put up for sale non-performing asset (NPA) account of MSP Metallics against which a total of 10 banks have collective loan outstanding of over Rs 1,493 crore. The bank has the highest share of lending (37.19 per cent) to MSP Metallics amounting to Rs 555.51 crore.

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 948.20
PNB 116.60
Bank Of Baroda 237.60
Canara Bank 119.75
Union Bank Of India 172.85
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