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SBI files insolvency petition against Bajaj Hindusthan Sugar

17 Aug 2022 Evaluate

State Bank of India (SBI) has started insolvency process by filing an insolvency petition against the country's largest sugar firm Bajaj Hindusthan Sugar. SBI as a financial creditor has filed the plea before the Allahabad bench of the National Company Law Tribunal (NCLT). The petition has been filed under Section 7 of Insolvency and Bankruptcy Code 2016.

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.

SBI Share Price

1110.10 2.50 (0.23%)
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Company Name CMP
SBI 1110.10
PNB 114.40
Canara Bank 143.95
Bank Of Baroda 283.05
Union Bank Of India 190.60
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