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Dec 21, 2019
5:35PM

Most banks will improve stressed assets by March: SBI chairman

@TheOfficialSBI
The chairman of State Bank of India, Rajnish Kumar, today said, most of the banks will be in a good position with respect to stressed assets by March and there is no dearth of liquidity in the system for lending. Speaking at the 92nd Annual Convention of industry chamber FICCI in Delhi, he added that there are opportunities to lend in sectors such as infrastructure and consumer lending as there is not much of a decline in demand from consumers.


SBI Chairman further stated that there is no shortage of capital in the system, but the corporates are not borrowing enough and not utilizing their capacities well.


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