Diabytes
SBI NPAs News
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The bank will likely have to increase its provisioning for bad loans -- setting aside money to partly cover the non-performing assets (NPAs) following its merger with five subsidiaries.
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Stringent RBI norms proposed for corporate lending are expected to nudge banks towards consumer loans, SBI Chairperson Arundhati Bhattacharya has said while reiterating that there is no bubble in the retail segment.
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Country's largest lender State Bank of India (SBI), which saw a drop in bad loans in the July-September quarter, has stepped up efforts to bring down NPAs further to the last financial year's level.
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