SBI fears more strain on asset quality

Tags: News
Country's largest commercial bank State Bank of India (SBI) today expressed apprehension that the bank's asset quality might deteriorate further due to contraction in factory output.

"The contraction in factory output as indicated by falling IIP will put additional pressure on banks, including SBI, on the asset quality," bank's managing director A Krishna Kumar said here at the launch of a specialised MSME branch.

He indicated that the stress on manufacturing sector and mid-corporates would continue and this would definitely put pressure on asset quality.

"SBI and other banks as well are trying to identify the stress assets," Kumar said, adding "we wish to identify the stressed assets and help those units which are showing signs of stress so they do not become non-performing," the official said.

SBI's gross NPA fell to 5.64 per cent of total advances as on September 2013.


  • India’s economic recovery has to be consumption, and not investment, led

    It is well accepted that falling global commodity prices, especially oil, have helped the Indian economy regain lustre in the past year or so.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Amita Sharma

Smart cities for the smart citizens

The 21st century has been spoken of as the urban ...

Purnendu Ghosh

Too shy people love themselves too much

We are essentially shy people. Our extent of shyness, however, ...

Shona Adhikari

When nature and naturism have a date

DAG Modern has announced its forthcoming exhibition The Naked and ...


William D. Green

Chairman & CEO, Accenture