SBI Chief announces growing corporate credit demand with Rs 5 lakh crore loans in pipeline.
SBI Chief Dinesh Kumar Khara states that there is a growing demand for credit from the corporate sector with loans worth Rs 5 lakh crore in the pipeline. Companies are looking to banks for funding working capital and capacity expansion, as opposed to having sufficient cash surplus in recent years. This indicates positive prospects for private sector opportunities and SBI's ability to create value and meet demands.
June 13, 2024
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