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SBI to invest Rs 8o bn in 900-MW in hydro power in Nepal
April 2018
State Bank of India (SBI) will be investing a total of Rs 80 billion in the Arun III hydropower project of Nepal, which has 900 MW electricity production capacities.
Banks seek assurance on loans to Power Cos
January 2013
Public sector banks have cautioned the Union government that credit worth around Rs 2.3 lakh crore to private-sector power companies are on the verge of turning into bad-loan on books. The public sector banks including the State Bank of India, Punjab National Bank and Oriental Bank of Commerce have sought the finance ministry's intervention to salvage the situation and have been assured of help.
Banks seek assurance on loans to Power Cos
January 2013
Public sector banks have cautioned the Union government that credit worth around Rs 2.3 lakh crore to private-sector power companies are on the verge of turning into bad-loan on books. The public sector banks including the State Bank of India, Punjab National Bank and Oriental Bank of Commerce have sought the finance ministry's intervention to salvage the situation and have been assured of help.
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