fbpx

Back to News

SBI, PNB to Sell Rs. 10 bn NPAs

April 11, 2018

Public sector Punjab National Bank (PNB), and State Bank of India (SBI) have put their combined Rs. 10.63 billion worth of 15 Non-Performing Assets up for sale. They will host a joint-auction online on 20th April.
12 of the bad loans accounts which amount to Rs. 8.48 billion belong to SBI, while the remaining 3 amounting to Rs. 2.14 billion are of PNB.

Tags:
Finance

Recommended for you ...

32 Crore Bank Accounts Opened Under Jan Dhan Yojana Since 2014
32 Crore Bank Accounts Opened Under Jan Dhan Yojana Since 2014

July 18, 2018

RBI’s New Cash Management Standards to Increase Banks’ Costs
RBI’s New Cash Management Standards to Increase Banks’ Costs

July 18, 2018

India: 57th Most Innovative Nation in World
India: 57th Most Innovative Nation in World

July 18, 2018

Get the latest update on programs, courses, news and events