Chairman, Coal India Limited, Meets SBI MD to Explore Growth Collaborations
This engagement marks another step in forging stronger synergies between Coal India Limited and the State Bank of India
Coal India Limited (CIL), the world’s largest coal mining company, is actively pursuing stronger collaborations with India’s largest lender, State Bank of India (SBI). In this direction, P.M. Prasad, Chairman, Coal India Limited, met Ashwini Kumar Tewari, Managing Director (Corporate Banking & Subsidiaries), State Bank of India, at CIL’s Corporate Headquarters today.
The meeting was attended by Mukesh Agrawal, Director (Finance), Coal India Limited, along with senior officials of SBI.
During the discussions, both sides deliberated on avenues to deepen cooperation, focusing on financing strategies, digital banking solutions, and new growth opportunities aligned with CIL’s expansion and diversification roadmap. The dialogue also covered strengthening institutional linkages to ensure smooth financial operations, project funding, and leveraging SBI’s expertise in corporate banking for future ventures.
CIL Chairman P.M. Prasad emphasized the importance of building strategic partnerships with financial institutions to support CIL’s vision of sustainable growth and energy security for the nation. Ashwini Kumar Tewari highlighted SBI’s commitment to partnering with Coal India in its transformation journey and to offering innovative banking solutions that align with the company’s long-term objectives.
This engagement marks yet another step in forging stronger synergies between Coal India Limited and the State Bank of India, two of the country’s largest institutions working together to fuel India’s growth story.
