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Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :14
W :340
L :4
W :87
NDA :354 | Need More Seats to win
Need 185 More Seats to win | UPA : 91
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 354
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
33
UPA : 91
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
16
OTH : 97
2014 : 107 Seats
YSRCP
23
+
TMC
22
+
Other
52
VIDEOS
Energy

Arriving at consensus remains to be a problem under 'Samadhan', says SBI MD Anshula Kant

Updated : January 10, 2019 10:17 AM IST

In a booster for some banks, reports indicate that banks are close to resolving 7-8 power projects under 'Samadhan', a debt resolution scheme led by State Bank of India’s (SBI).

However, Anshula Kant, managing director of SBI, in an interview with CNBC-TV18, said that the update on Samadhaan was not very encouraging.

“The problem is that there are so many lenders and there are so many different interest which is creating a problem of consensus getting everybody to say yes, but I am hopeful at least of 4; if those 4 also go through then for SBI it will mean more than Rs 12,000 crore reduction in non-performing asset (NPA),” she said.

Many power purchase agreements (PPA) have to be complied with before resolution happens, she added.

Talking further about NPA, Kant said, “Our provision cover for power NPAs is 40 percent and above.”

She expects resolution of some power assets over the next 2 months.
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