As loan growth slows, other income comes to banks' rescue

The trend is the same for both large and small banks. For example State Bank of India (SBI) reported a 24% rise other income to Rs 11,803 crore led by a 21% rise in fees and a Rs 1,692 crore recovery from the written off Kingfisher Airlines' account which has increased the proportion of other income to 15% of total income from 11% last year.

from Banking/Finance-Industry-Economic Times https://ift.tt/3ing26A