BANK NEWS
Shifting totally towards the retail loans is not a good option says MD of SBI
New Delhi: Shifting totally towards the retail loans and neglecting the corporate loans is not a good idea for the lenders. The stressed matter of loans is being faced by the both borrowers and lender, Shri. Arijit Basu the Managing Director of State Bank of India speaks upon this matter in a webinar organized by ETBFSI on Wednesday.
There should be a balanced layout of all types of loans including retail, corporate, wholesale, agriculture and small business loans in the larger banks.
Shri. Basu points his view in this matter that the complete shift on the retail loan cannot be in the favor of best interests, Technically the bank has to work on those sectors which are being impacted due to the COVID-19 pandemic.
Read Also : Renewable energy accounted for 71 per cent of India's new power generation in FY 24
News Must Read
- GAIL Global USA and Kinder Morgan Operating LLC signed MOU
- SJVN signs agreement with Tata Power RE for 460 MW Renewable Energy Project
- Keel Laying of the First Next Generation Offshore Patrol Vessel At Goa Shipyard Ltd
- REC Ltd received NOC to set up wholly owned subsidiary in Gift City, Gujarat
- Atanu Chakraborty Reappointed as part-time Chairman of HDFC Bank
- MRPL Q4 Results: Net profit slips 40%, Annual Gains Strong
- DMRC Celebrates 30th Foundation Day at Bharat Mandapam
- Sushil Sharma assumes additional charge of CMD, and Director (Personnel) of SJVN Limited
- Coal India Limited Board recommends final dividend, here to know
- Dr. Subhransu Sekhar Acharya assumes charge of NSIC CMD