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SBI to sell 487 bad loans worth Rs 1,000 crore to ARCs, financial institutions, say reports

Updated : February 26, 2019 08:17 AM IST

SBI has decided to sell 487 bad loans to asset reconstruction companies (ARCs), other banks and financial institutions.
These loans will be sold on a full-cash basis rather than the same old regular practice.
SBI to sell 487 bad loans worth Rs 1,000 crore to ARCs, financial institutions, say reports

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