State Bank Of India

State Bank of India (SBI) has reportedly started the process of selling non-performing assets (NPAs) worth Rs 1,580 crore to financial institutions. The 11 NPAs have been put up for sale through a bidding process. The Bank has managed to sell bad loans worth Rs 763 crore to asset reconstruction companies (ARCs) in the last two quarters of this financial year.

State Bank of India (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.