State Bank Of India

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

Date: 06-12-2021

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.