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SBI tightens lending norms for auto dealers: Report

31 Jul 2019 Evaluate

State Bank of India (SBI) has reportedly tightened lending terms for auto dealers. The bank is seeking to reduce its exposure to risk from a sector in the midst of a sharp downturn.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 940.65
PNB 115.50
Bank Of Baroda 234.10
Canara Bank 117.20
Union Bank Of India 172.95
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