SBI Stressed Loan Sale: Regen Powertech Exposure on Offer
Why in the news
SBI put a stressed loan to a South India-based wind turbine maker up for sale as part of balance sheet clean-up.
Key facts
- Borrower: Regen Powertech Private Ltd; exposure ₹1,556 crore, principal outstanding ₹580 crore (March 2025).
- Swiss Challenge: an existing bid is open to counter-bids for price discovery.
| SBI indicator | Figure |
|---|---|
| Gross NPA FY25 | 1.82% |
| Gross NPA previous year | 2.24% |
| FY25 recoveries | ₹17,213 crore |
Why sell
- Recoveries came through upgrades, cash collection and write-offs.
Exam angle
- Swiss Challenge: counter-bidding on an initial offer.