Thursday, August 24, 2023

Top distressed funds mull buying State Bank of India’s bad loans

Top distressed funds mull buying State Bank of India’s bad loans The country’s top state lender earlier this month identified a list of 331 non-performing assets with a combined outstanding value of 960 billion rupees ($11.6 billion), according to a note SBI sent to potential investors and seen by Bloomberg News.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/top-distressed-funds-mull-buying-state-bankindia’s-bad-loans_17217871.html

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