SBI Chairman Dinesh Khara believes the bank can support loan growth without challenges in deposit mobilization.
SBI Chairman Dinesh Khara believes that the bank does not face challenges in deposit mobilisation despite competition and stated that it can support loan book growth. Khara believes that maintaining this support will ensure no challenges. Despite lagging credit expansion in the banking system, SBI continues to support loan growth by unwinding part of its excess investments in government securities, ensuring higher returns on funds through lending than in investments. Economists predict deposit and credit growth convergence by June-September 2025.
August 23, 2024
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