SBI biz at 80% of pre-Covid level, says new chairman Dinesh Kumar Khara

Khara's appointment as chairman of SBI was made official by the ministry of finance on Tuesday

After the gradual withdrawal of lockdown restrictions, economic activities have slowly picked up pace, and the country’s largest lender, State Bank of India (SBI), is currently witnessing credit growth of 6-7 per cent. Although there are concerns in some sub-segments, the public sector lender has said it is back to 70-80 per cent of pre-Covid levels.
 
Addressing his first press conference after taking over as chairman of SBI, Dinesh Kumar Khara said retail credit growth has been good. “But when it comes to corporate credit growth, we have to be mindful of the fact that many of the corporates