SBI sells KSK Mahanadi Power loan account to Aditya Birla ARC for Rs 1,622 crore

"SBI initiated open offer e-auction towards sale of fund based exposure of KSK Mahanadi Power Co. Ltd on 100 per cent cash basis on April 20, 2022 for a reserve price of Rs 1,544.08 crore," SBI said in a regualtory filing on Thursday.

from Banking/Finance-Industry-Economic Times https://ift.tt/ASXU37i