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NPAs in corporate loans now under control, says SBI's Rajnish Kumar

Kumar said that not many borrowers were keen to take advantage of the scheme due to its cost implications

Rajnish Kumar
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Speaking on the issue of moratorium on loans, Kumar said that not many borrowers were keen to take advantage of the scheme due to its cost implications

Namrata Acharya Kolkata
Non-performing assets (NPAs) in small-ticket loans remain on the higher side, even as corporate bad loans are largely under control, according to Rajnish Kumar, chairman of SBI.

“Corporate NPAs are under control. We have noticed some higher NPAs in small-ticket government scheme loans. In the agriculture sector, NPAs in Kisan Credit Card (KCC) loans are at par with Mudra loans,” he said. He was answering a question on NPAs, during an e-session organised by the Bharat Chamber of Commerce on Thursday.

In Mudra loans, gross NPAs were close to 15 per cent, he added. However, with a new digital model

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