Grapevine: SBI selling stressed assets; Matrix may back stealth startup
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Grapevine: SBI selling stressed assets; Matrix may back stealth startup

By Shubhobrota Dev Roy

  • 08 Aug 2023
Premium
Grapevine: SBI selling stressed assets; Matrix may back stealth startup
Credit: 123RF.com

State Bank of India is looking to sell distressed loans of more than Rs 96,000 crore to asset reconstruction companies in a fresh attempt to clean its books, as per a media report.   The country’s largest bank circulated a list of 331 accounts comprising loans of Rs 96,278 crore to ......

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