SBI's stressed loans aren't as bad as feared
State Bank of India’s (SBI) latest quarterly results, announced on November 8, have assuaged concerns regarding its stressed loans. While the broader banking sector has been wary of rising defaults, particularly in unsecured lending, SBI's performance in this area has been more stable than many expected.
State Bank of India’s (SBI) latest quarterly results, announced on November 8, have assuaged concerns regarding its stressed loans. While the broader banking sector has been wary of rising defaults, particularly in unsecured lending, SBI's performance in this area has been more stable than many expected.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
