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Raising insurance coverage to 90% to help exporters cut cost: SBI chief
He also said the collateral gives some comfort to bankers while giving finance to exporters, but in terms of recoveries they are not very helpful
State Bank to provide guarantee to homebuyers on completion of projects
This cover will be for SBI funded residential projects and those availing home loan for SBI
IBA to set up framework to address consortium, multiple lending issues
And to address these issues, there are two things which are happening, one is at the IBA level and another by RBI to develop secondary market for loan to corporates.
SBI chairman pitches for stimulus, says credit demand remains subdued
Kumar was in Kolkata to attend the multi-level consultation programme with the branch managers of SBI in the region
Rajnish Kumar wants to make SBI a 'Divya and Bhavya' bank
In his first communication to SBI group employees, Kumar says a bank is as good as its frontline people