Kayseri Haber / Kayseri / Citi also remained positive on SBI

Citi also remained positive on SBI

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canada goose canada goose uk black friday The judgment established Committee of Creditors’ (CoC) primacy in allocating future proceeds from settlements. SBI could have a recovery of around Rs 12,000 crore as suggested by COC,” it added.According to Nomura, SBI can provide for a majority of their potential stressed loans. “We maintain buy on SBI, with a target at Rs 400 per share (upside 24 percent),” it said.Citi also remained positive on SBI, ICICI Bank and PSU banks having exposure to Essar Steel.SBI expects around Rs 17,000 crore of recoveries from three cases under IBC. canada goose uk black friday

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