New financial products in the look out by SBI chief
By Neelima Shankar
Nov 25, 2013
Print    Email    RSS   

With moneylenders encountering push on their infra advance books, the head of nation's biggest bank SBI has called for a need to acquaint new items with account the long-development undertakings, incorporating refinancing the advances every five years. Monetary development is at around half the potential while the undertakings are not going ahead stream because of a group of issues with clearances and the awkwardness of the promoters, she said.

It might be noted that a larger part of the banks fault infra and the unified areas for their possession quality hardships.

The overall Gross NPA recorded as of March 2013 was 3.6 percent, in comparison to last year which was 3.1 percent as per the data of RBI. The overall net NPA's, were up from 1.3 percent of last year to 1.17 percent in the present financial year of 2013. The Reserve Bank has asked banks to fortify their due persistence and enhance the advance recuperation prepare in its twelve-month banking report a week ago.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

A detailed guide on education loans for...
Carnival of Indian Personal Finance Blogs #1
Innovative education loan scheme for IIM...
An insight into education loan schemes for...
A chronicle of excesses by loan recovery...

Where is Dissertation Help India whose email is...
ROPAR: CaℒL Giℛℒ In Kurali 09855660911...
Why Pitampura Tutors (Ph:- 9911742311) & Private...

Banks to look forward to hire students from IIT/IIM Feb 18, 2015
Union Bank of India hiring for the post of specialist officers Feb 16, 2015
Canara bank launched scholarship Scheme Feb 13, 2015
AXIS bank started ‘My idea of progress’ Campaign Feb 12, 2015
RBI inviting applications for the guard post Feb 11, 2015
News Archive