SBI sees 50% recovery from RBI’s first NPA list
SBI chairman Rajnish Kumar says the bad loan recognition process is now over. NPAs peaked in March 2018 and every year the banking system will add fresh NPAs, but they will be within the tolerance level
Mumbai: State Bank of India (SBI) expects to recover half of the assets that turned sour in the initial 12 large bad loan accounts that were identified for bankruptcy resolution, chairman Rajnish Kumar said.
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