SBI to sell its Rs 700-cr Visa Steel loan account | Economic Times - Jobs World

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Wednesday, January 11, 2023

SBI to sell its Rs 700-cr Visa Steel loan account | Economic Times

SBI to sell its Rs 700-cr Visa Steel loan account https://ift.tt/sybIFqS offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process against Visa after the Cuttack bench of the National Company Law Tribunal (NCLT) had admitted the borrower for commencement of bankruptcy proceedings, acting on a plea by Punjab National Bank (PNB) late November.

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