SBI to sell its Rs 700-cr Visa Steel loan account

January 12, 2023

SBI’s offer to sell this account comes even as the Orissa High Court, for the second time, stayed initiation of the insolvency process against Visa after the Cuttack bench of the National Company Law Tribunal (NCLT) had admitted the borrower for commencement of bankruptcy proceedings, acting on a plea by Punjab National Bank (PNB) late November.

More To Explore

US Stocks: Nasdaq ends down as expectations of Hormuz deal fade

The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel

August 10, 2026

Archer Aviation shares jump nearly 10% on deal to acquire Boeing’s Wisk, two other units

Archer Aviation shares surged after agreeing to acquire Boeing’s Wisk Aero and two other units. This strategic acquisition grants Archer access to Boeing’s autonomous-flight technology

August 10, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003