SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBI to auction Pioneer Gas account to recover loan dues of over Rs 180 crore

09 Jul 2022 Evaluate

State Bank of India (SBI) is planning to auction the account of Maharashtra-based Pioneer Gas and Power next month to recover loan dues of over Rs 180 crore from the company. Pioneer Gas Power has a principal loan outstanding of Rs 180.76 crore to the SBI and the lender will hold an e-auction to sell the account to ARCs/financial institutions on August 5, 2022.

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.

State Bank Of India Share Price

1027.10 -9.35 (-0.90%)
30-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1027.10
PNB 106.80
Bank Of Baroda 272.80
Canara Bank 125.45
Union Bank Of India 172.40
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: