State Bank of India chairman Rajnish Kumar on Thursday said that there is enough liquidity available in the system and also interest rates have moderated to a large extent. Speaking at a webinar organised by Bharat Chamber of Commerce, Kumar said that both the RBI and the government have taken measures to bring back the economy, derailed by the pandemic, …
While close to 15% of State Bank of India’s loans under the Pradhan Mantri Mudra Yojana have turned bad, the bank has been able stabilise the portfolio by introducing end-to-end digitisation, said Rajnish Kumar, chairman, SBI “We have tweaked the model and changed it to e-mudra. The bad loans used to be high in the up to ₹50,000 bracket and …
