PSU banks complete first round of bottom-up ideation exercise

State Bank of India and other public sector lenders on Sunday completed the first round of bottom-up ideation exercise for further streamlining the b

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Credit demand subdued, economy needs stimulus: SBI Chairman

State Bank of India (SBI) Chairman Rajnish Kumar on Sunday said credit demand remains subdued and there is a need for stimulus in the economy. Though

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Credit demand subdued, economy needs stimulus: SBI Chairman Rajnish Kumar

Kumar was in the city to attend the multi-level consultation programme with the branch managers of SBI in the region.

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Current auto slowdown will not create NPAs: SBI

State Bank of India is trying ensure availability of credit to car-buyers, and at low interest rates.

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BOI hoping to recover around Rs 2,500 crore in 2-3 quarters, says official

The recovery would be around Rs 2,500 crore from the eight to 10 big accounts, Chaitanya said.

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