Assets

SBI to Buy Selected Assets Worth Rs 45,000 Cr from Crisis Gripped NBFCs From IL&FS Default

"This is a good commercial opportunity for the bank to increase the loan portfolio as NBFC assets are available at attractive rates," SBI Managing Director P K Gupta told media. It will benefit both SBI and the NBFC sector as they get much required liquidity while the bank will get good loan portfolio, he said further.