SBI, PNB put 15 NPAs of Rs 1,063 crore on sale
SBI and PNB said they will conduct the e-auction on 20th of this month. SBI has put up a total of 12 accounts with total outstanding of Rs 848.54 crore for sale. "...We place these accounts for sale to asset reconstruction companies (ARCs)/banks/NBFCs/financial intuitions," said SBI, the country's largest bank
PNB will offer three NPA accounts with total outstanding of Rs 214.45 crore for sale to ARCs/NBFCs/banks or other financial institutions. Image source: PTI