SBI Seeks Creditor Priority in NHIT

  Published 10 months ago

SBI seeks senior creditor status for early repayment rights on investments in NHAI’s InvIT amid road asset monetisation push.

  • SBI raised concerns as InvIT unitholders currently hold repayment priority; it lacks bankruptcy protection under Indian laws.
  • NHAI aims to raise ₹200 billion via InvITs; SBI is already exposed to the road sector via major unsecured loans.
  • InvITs manage ₹7 trillion in assets; SBI wants protection as NHAI monetises highways by transferring toll-backed ownership.

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