Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.
The government and regulators, said it has three top bankers from various lenders as its deputy chairmen.
Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.
The default by Altico has resulted in concerns over the wider implications.
Only IT and Healthcare stocks were able to buck the trend on account of a sharp weakening in the rupee.
Bank recapitalisation at one go will provide a big impetus to credit growth.
- « First
- « Previous
- Next »
- Last »
1 of 1