Wednesday, December 18, 2013

RBI draft norms for bad loans require a mindset change:SBI

.........There is going to be a total change of culture, there will be strict discipline. This is something that we really require in the banking system today.\\\\\\\\\\\"  She added that this move will not only require a mindset change but also technology changes. The existing personnel will need to be trained more to recognise the accounts (NPAs) at the stress stage itself. She is confident that the bank if capable of handling the changes needed with the help of existing staff.  However, she emphasises more clarity is required on time line front............... 

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