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State Bank Of India
BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
1077.55
13.05 (1.23%) SBI targets credit growth of grow 10-12% in FY20
Date: 06-06-2019State Bank of India (SBI) has targeted a credit growth of 10-12 percent in the current financial year (FY20), on the back of green shoots of revival in credit demand and better recoveries of loans.
In the latter part of 2018-19, the bank witnessed early signs of the turnaround that the bank had diligently and systematically been working for, and multi-pronged strategies yielded the desired results.
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.