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

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

EC consults Prime Minister on by-elections

KATHMANDU: The Election Commission (EC) held consultations with Prime Minister KP Sharma Oli...

By 0 6

NEET PG 2025 application edit window opens at natboard.edu.in: Check list of editable fields here

By 0 9

Monsoon system now active across Nepal

KATHMANDU: This year’s monsoon has now spread across the entire country. According to a...

By 0 15

Kohli & Rohit retirements will hurt IND in ENG, feel Hayden and Smith

Cricket legends Matthew Hayden and Graeme Smith predict India will struggle in the upcoming Test...

By 0 15

Boycotted House meeting after being denied a chance to address PM: RSP

KATHMANDU: Lawmakers from the Rastriya Swatantra Party (RSP) boycotted Friday’s meeting of...

By 0 20