Saturday, May 24, 2014

SBI shows some promise in bad loans management

.......While the reduction in outstanding bad loans is similar to the trend seen across public sector banks this quarter, the fall in slippages for SBI is encouraging. Details of asset sales and the sectoral break-up of slippages and other numbers would provide more clarity and are awaited. The bank also seems to have delivered on its third promise of focusing on cutting costs.........

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