With this issue, SBI will become compliant with the global standards as prescribed by the Climate Bonds Initiative, a global not-for-profit investor-focused organisation
Taking forward its task of recovering dues from Sahara, markets regulator Sebi will sell a total of 16 land parcels of the beleaguered group, through e-auction next month, at a reserve price of about Rs 1,900 crore.
After a failed attempt to sell Kingfisher House, erstwhile headquarters of Vijay Mallya's defunct carrier, lenders will auction the trademarks of the airline, including for 'Kingfisher' logo and once-famous 'Fly the Good Times' tagline on April 30.
Tasked with a massive job of selling certain unencumbered properties of beleaguered Sahara group, markets regulator Sebi is believed to have roped in HDFC Realty and SBI Capital to help in the sale process.
The only chance for banks to recover their money is if Mallya returns to the country and offers to pay back them from his personal wealth. As it appears, chances for that appear narrow