Feb 26, 2013, 10.58 PM | Source: CNBC-TV18
State Bank of India (SBI), the largest lender to Kingfisher's said that a loan recall notice is likely to be issued to Kingfisher Airlines in a month.
Speaking on the sideline, Krishna Kumar, MD, SBI said to CNBC-TV18, exclusively that lenders to Kingfisher have formed a sub-committee and are seeking legal opinion over recalling loans. Once recall notices are sent action will be taken on assets pledged.
SBI stock price
On February 05, 2016, State Bank of India closed at Rs 168.20, up Rs 5.15, or 3.16 percent. The 52-week high of the share was Rs 315.80 and the 52-week low was Rs 160.80.
The company's trailing 12-month (TTM) EPS was at Rs 18.69 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 9. The latest book value of the company is Rs 168.75 per share. At current value, the price-to-book value of the company is 1.00.
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