SBI reports 55% jump in profits in Q1; retail asset quality worsens across segments as Covid second wave hits collections

Half of SBI’s home loans are to the non-salaried segment and some of them are linked to SME borrowers, said Dinesh Khara, chairman, SBI. He attributed the high NPA ratio in gold loans to the inability of collection staff to reach borrowers amid mobility restrictions.

from Banking & Finance – The Financial Express https://ift.tt/3yrc42q