· JSW may seek to buy 20% of business also eyed by Glencore

· Mumbai steelmaker in talks with banks on potential financingJSW Steel Ltd.

, India’s largest producer, is considering a bid for as much as a 20% stake in Teck Resources Ltd.’s steelmaking coal business, people with knowledge of the matter said.

JSW has expressed preliminary interest, said the people, who asked not to be named because the information is confidential. Mumbai-based JSW also is in discussions with banks over potential financing for the acquisition, which may total about $2 billion, they said.