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SBI Chairman visits Petronet LNG

It was a proud moment for Petronet family when Mr Pratip Chaudhuri, Chairman of The State Bank of India (SBI) visited Corporate Office in Delhi to meet Dr. A K Balyan, MD & CEO. The meeting was also attended by Mr R K Garg, Director (Finance), Mr. C S Mani Director (Technical) and Mr Abhilesh Gupta, Chief Manager (Finance).

SBI is the largest Indian banking and financial services company (by turnover and total assets) and have over 22,000 branches, the largest network in India. With an asset base of $352 billion and $285 billion in deposits, SBI is a regional banking behemoth and is one of the largest financial institutions in the world. It employs more than 220000 people.

Petronet's association with SBI is since the formative days of Petronet. Since then SBI remains the single largest lender and the leader of Lenders' consortium. Apart from meeting company's funding requirements, SBI meets the entire day to day banking requirements of the company. The visit of Mr Pradip Chaudhuri signifies the growing importance of Petronet not only on its forte in Gas Business but also in the financing world. During the meeting, Dr. Balyan thanked for the continuing support of SBI and apprised Mr. Chaudhuri on the various expansion plans of Petronet. ¬†Mr. Garg mentioned about the various banking relationships of the Company with SBI. Shri Chaudhuri reaffirms SBIís commitment to meet all the funding and other banking requirements of the company and emphasised on the further strengthening the relationship.

Sh R K Garg, Director (Finance) and Sh Abhilesh Gupta, Chief Manager (Finance) is escorting SBI Chairman to our office.

Our MD & CEO, Dr. A K Balyan is inviting Sh Pratip Choudhuri, Chairman, SBI to our office.

Our MD & CEO appraising SBI Chairman about our future plans. Sh C S Mani, Director (Technical), Sh. R K Garg, Director (Finance) and Sh. Abhilesh Gupta, CM (Finance) is also seen along side.

SBI Chairman reiterated commitment of SBI to Petronet for all financial needs.

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