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SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale

By Beena Parmar

  • 02 Dec 2021
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SBI puts Rs 4,000 cr loan exposure in KSK Mahanadi up for sale
Credit: Reuters

State Bank of India, the country’s largest public sector lender, has put loans worth Rs 4101.87 crore ($547 million) in debt-ridden KSK Mahanadi Power Company Ltd up for sale. KSK Mahanadi is currently undergoing insolvency process. The decision comes after a Hyderabad bench of the National Company Law Tribunal (NCLT) last month ......

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