State Bank of India expects Rs 30,000 crore recovery from resolution under IBC
Updated : June 14, 2018 10:51 AM IST
From the two stressed assets' list referred for resolution under IBC by the Reserve Bank of India, the bank's total exposure was around Rs 78,000 crore, Pallav Mohapatra, DMD (stressed assets resolution group) of SBI said.
Besides recoveries from resolution under IBC, the bank expects to get back another Rs 10,000 crore from one-time settlement, sale to Asset Reconstruction Companies (ARCs) and some from outside National Company Law Tribunal (NCLT), he said.
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