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State Bank Of India: If you even have an account in State Bank of India (SBI), then know that the financial institution goes to public sale some NPA accounts. The financial institution will elevate crores of rupees by these NPA accounts. State Bank of India is getting ready to promote six non-performing property (NPA) accounts to asset reconstruction corporations (ARCs) to get better dues of about Rs 406 crore.
Which accounts will probably be auctioned
The accounts SBI is getting ready to promote embrace Patna Baktiyarpur Tollway (dues of Rs 230.66 crore), Steelco Gujarat Ltd (dues of Rs 68.31 crore), GOL Offshore Ltd (dues of Rs 50.75 crore), Andhra Ferro Alloys (dues Rs 26.73 crore). Outstanding of Rs. (12.23 crore dues).
SBI issued discover
In the discover issued by SBI for the sale of those properties, it has been stated that in accordance with the regulatory tips, we’re putting these accounts on the market to ARCs / Banks / NBFCs / FIs.
Know on which day the public sale of which account will happen?
The e-auction of the account of Patna Baktiyarpur Tollway will probably be held on 23 February. GOL Offshore will probably be auctioned on February 21, Genix Automations and Guru Ashirsha Texfab on February 15, Steelco Gujarat and Andhra Ferro Alloys on March 4.
The financial institution made a revenue of 8,432 crores within the third quarter
The internet revenue of SBI (State Bank of India) has elevated by 62 p.c within the third quarter of the present monetary 12 months. SBI’s revenue has reached 8,432 crores within the third quarter. State Bank has given details about this on Saturday.
The financial institution stated that the whole revenue of the corporate has additionally elevated within the quarter ended 31 December 2021. SBI’s whole revenue elevated to Rs 78,352 crore. It stood at Rs 75,981 crore within the October-December 2020 quarter.
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