Monday, April 21, 2014

Country’s largest lender goes stingy in Kashmir

Contrary to central bank instructions on credit-deposit ratio, country’s largest lender, State Bank of India, is stingy in lending in Jammu and Kashmir while it mops up heavy deposits from the state.  As against RBI’s benchmark of minimum 40 per cent credit deposit ratio mandatory for banks in Jammu and Kashmir, SBI has just 27.7 per cent............


No comments: