Three NPA accounts have to be sold by SBI for the recovery of over ₹235 crores.
State Bank of India (SBI) will sell three NPA accounts to benefit financial institutions and reconstruction companies. SBI is going to recover dues of over ₹235 crores.
SBI named three NPA accounts: Elize International Ltd, Heavy Metal and Tubes Ltd, Khare and Tarkunde Infrastructure Pvt Ltd. SBI put these on sale to recover ₹235.32 crores.
The highest dues to the bank are Heavy Metal of ₹116.91 crores and Tarkunde ₹99.84 crores, whereas Elize International ₹18.57 crore.
SBI has set the reserve prices for these NPA accounts for sale at ₹27.50 crores, ₹15 crores, and ₹ eight crores, respectively.
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