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

Dununu.com Dununu

Gesponsert

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!

Pant becomes fastest Indian wicketkeeper to achieve big feat, overtakes Dhoni's record

Rishabh Pant achieved a significant milestone, becoming the second-fastest wicketkeeper to score...

Von 0 12

Shubman's coronation at Headingley - Gill steps into Kohli's shoes with ton at No 4

Riding on the centuries from Yashasvi Jaiswal and captain Shubman Gill, India made a spectacular...

Von 0 11

Gauri Khan: 'Aryan will always say, ‘I am a Muslim'

Shah Rukh Khan and Gauri Khan's enduring interfaith marriage, spanning over three decades, faced...

Von 0 12

Darsheel pens emotional review for Sitaare Zameen Par

Aamir Khan’s latest release Sitaare Zameen Par, which hit theatres on June 20, has been...

Von 0 11

'Kuberaa' box office collection day 1 early estimate

Dhanush, Nagarjuna, and Rashmika Mandanna’s much-awaited collaboration...

Von 0 10