SBI loan growth hit as cos use IPO funds to pare debt | Dununu.com...

Dununu.com Dununu

Sponsored

SBI loan growth hit as cos use IPO funds to pare debt

RSS Feed Business

Posted

156

SBI experienced a slowdown in loan growth due to corporate debt repayments via equity funding, particularly from PSUs like NTPC. Despite strong SME, agriculture, and retail loan growth, corporate loan prepayments impacted overall advances, which rose 12%. SBI anticipates corporate credit demand from infrastructure and renewable energy sectors, targeting 12% growth in that segment.

Read Full Article

Please log in to like, share and comment!

'No talks until Israeli aggression stops': Iran rejects nuclear dialogue with US after Trump sets deadline; Europe pushes to revive diplomacy

Amidst ongoing conflict with Israel, Iran has rejected any nuclear negotiations, dismissing U.S....

By 0 6

Vidya Bharati unveils vision 2047: 5-point transformation plan to reshape education

By 0 6

'Meanwhile in Lebanon': Missiles above, music below as Beirut party goes viral - watch video

Amidst escalating tensions between Israel and Iran, a viral video captures a surreal scene in...

By 0 18

Mona: I had to completely transform for 'Laal Singh Chaddha'

Mona Singh revealed that her role in 'Laal Singh Chaddha' was physically demanding, requiring...

By 0 18

Birgunj Inland Revenue Office collects Rs 8.52 billion in revenue

BIRGUNJ: The Birgunj Inland Revenue Office has collected more than Rs 8.52 billion in revenue in...

By 0 20