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

Dununu.com Dununu

Sponsor

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!

'Fan of Les Miserables, 95 billion dollar empire': 10 interesting things about Iran’s Supreme Leader, Ayatollah Ali Khamenei

Ayatollah Ali Khamenei, Iran's Supreme Leader, faces escalating challenges amid Israeli strikes...

By 0 0

Foreign trade up by 18.8% in 11 months; export sees 77.77% jump

KATHMANDU: Nepal’s total foreign trade has seen a significant surge in the current fiscal...

By 0 0

Which IIT wins the employment race in QS 2026 World University rankings?

By 0 1

Meet this year’s #Unstoppable21

By 0 1

Ax-4 Pushed Back Again, No New Date Yet

By 0 1