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

Dununu.com Dununu

Commandité

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

RSS Feed Business

Posté

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

Connectez-vous pour aimer, partager et commenter!

Faridabad dowry horror: Family kills daughter-in-law, hides her body in pit outside house

Par 0 0

What makes Yashasvi Jaiswal different? His former RR teammates explain

Yashasvi Jaiswal on Friday joined the elite list of Vijay Manjrekar, Sourav Ganguly, Sandeep...

Par 0 5

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of the day in Nepal, including...

Par 0 6

Accenture Q3 earnings: Revenue rises 8% to $17.7 billion on Gen-AI momentum; Gen-AI revenue tops $700 million

Accenture's Q3 FY25 revenue surged 8% to $17.7 billion, fueled by strong demand for AI services....

Par 0 8

Kussh steers clear on Sonakshi-Zaheer's wedding: EXCLUSIVE

Clearing the air, Kussh S Sinha refutes rumours of discord with sister Sonakshi, confirming his...

Par 0 14