28-November-2022
Banking
 
India’s SBI aims to keep net bad loan ratio under 1%
24-Nov-2022

State Bank of India, the country’s largest lender, expects to sustain its current pace of credit growth while aiming to keep its net non-performing asset ratio below 1%, its top executive said on Wednesday.After announcing results for the June-September quarter earlier this month, the bank said it expects credit growth of 14%-16% for the current financial year as it steps up efforts to attract deposits.

News Source:- https://www.financialexpress.com/industry/banking-finance/indias-sbi-aims-to-keep-net-bad-loan-ratio-under-1/2889137/
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org