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SBI urges Supreme Court review to save banks as spectrum can no longer be seized

Business
Published on 24 April 2026
SBI urges Supreme Court review to save banks as spectrum can no longer be seized

Spectrum may be off-limits in insolvency recoveries

State Bank of India has moved the Supreme Court seeking a review of a ruling that bars telecom spectrum from being treated as an asset during insolvency proceedings. SBI warns the decision could sharply weaken recovery prospects for lenders and disrupt infrastructure and telecom financing, arguing the judgment overlooks key issues banks rely on for resolution and recoveries.

  • SBI asks Supreme Court to reconsider spectrum treatment in insolvency
  • Ruling blocks spectrum from being counted as recoverable asset
  • Bank warns impact on telecom and infrastructure lending
  • SBI says key lender concerns were overlooked
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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