Debt collection on one side and loan waiver on the other
State Bank of India (SBI), the largest bank in India, is trying to recover Rs 96,000 crore of bad loans. The bank has circulated a list of 331 accounts, totaling Rs 96,278 crore in loans, to asset reconstruction companies (ARCs), seeking preliminary interest in acquiring these stressed assets. SBI tries to collect Rs 96,000 loan … Read more