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Why has the SBI turned cautious on new loan proposals?

Why has the SBI turned cautious on new loan proposals?

Published 3 years, 11 months ago
Description

State Bank of India has decided to be selective when giving fresh loans. Reluctant to consider risky proposals, the bank has decided to tighten its corporate loan exposures.

Why is the bank unwilling to consider risky proposals? With SBI being more selective, do we expect a fall in corporate loans? Will this move help and address the Non-Performing Assets of the bank? Listen in. 

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