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SBI invites bids to sell NPA account KSK Mahanadi Power with dues over Rs 4,100 crore

06 Dec 2021 Evaluate

State Bank of India (SBI) has invited bids from asset reconstruction companies, and other financial institutions to sell an NPA account KSK Mahanadi Power Company, with a total outstanding against the company standing over Rs 4,100 crore.

The e-auction of KSK Mahanadi is scheduled to take place on December 31, 2021.

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.

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