13.05 (1.23%) State Bank of India (SBI) has invited bids for overseas oil and gas assets of Videocon Industries, as the government seeks to recover billions of dollars in loans from the beleaguered private firm. SBI had appointed consultant Deloitte to find buyers for Videocon's exploration assets in Brazil and Indonesia.
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.