SBI personal banking loan book up Rs-5 trn mark, helped by digital push

Next Rs one trillion of non-home retail loans by Q3FY24

State Bank of India’s portfolio of personal loans crossed the Rs 5-trillion mark at the end of November 30 this year, said the country’s largest lender on Monday.
 

The bank gave loans worth Rs 1 trillion in 12 months in the portfolio that includes pension, auto, education, and gold. The portfolio does not include housing loans.

SBI chairman Dinesh Khara said in a statement tactical measures and digital initiatives over the past few years enabled it to cross the Rs 5-trillion mark. The bank has always strived to set benchmarks for the industry, he said.

SBI completed giving out loans