SBI Chairman predicts 14-15% credit growth for FY 2024-25 based on economic growth rates.
SBI Chairman Dinesh Kumar Khara expects 14-15% credit growth for the current fiscal year (2024-25), based on current economic growth rates. This growth depends on opportunities for lending and aligns with the bank's risk appetite. Deposit growth was 11% last year, and the bank has excess Statutory Liquidity Ratio (SLR) between ₹3.5 lakh crore and ₹4 lakh crore, ensuring no need to raise deposit rates.
June 17, 2024
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