SBI lines up NPAs over ₹746 crore for sale in October and November
The State Bank of India has put various non-performing assets (NPAs) up for sale in October and November, including the fraud account of Sintex-BAPL, to recover over ₹746 crore. NPAs will be offered to asset reconstruction companies/financial institutions, banks or Non-Banking Financial Companies. The auction will include accounts of Sintex-BAPL, Surat Hazira NH6 Tollway and Shreebhav Polyweaves.