....Without specifying the exact quantum of NPAs, Shyamal Acharya, deputy managing director of India’s largest public sector bank, said that State Bank of India (SBI) has to suffer. He continued: “Diamond stocks held as collateral is not a fixed asset which can be disposed off any time. Stocks also pose a holding risk which banks would keep in mind before lending.” Acharya was talking in “Emerging trends in financing of Indian diamond & jewellery sector”, a one day seminar organized by the Gems & Jewellery Export Promotion Council (GJEPC) under the Ministry of Commerce.......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment