Business Standard

SBI holds Rs 345 crore NPAs of MP bodies

Image

Our Regional Bureau Bhopal
 According to officials, only in three-four cases has the amount of Rs 391.43 crore been reduced to Rs 345 crore, after payments from the Madhya Pradesh State Electricity Board (MPSEB).

 The cash-strapped state power board, MP Land Development Corporation, MP State Road Transport Corporation and few other organisations constitute more than 30 per cent of the total non-performing assets of SBI.

 There are five other private accounts that constitute Rs 200 crore. But despite SBI

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 24 2003 | 12:00 AM IST

Explore News