State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
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SBI's exposure to road sector stands at Rs 90,000 crore

Date: 20-12-2021

State Bank of India’s (SBI) exposure to the road sector is close to Rs 90,000 crore, which is 37 per cent of the total banking exposure to the segment. The bank has granted credit worth Rs 35,000 crore as of June 30, 2021 to support the National Highways Authority of India (NHAI) for execution of multiple road infrastructure projects. The Bank has also granted credit worth Rs 5,000 crore to the SPV (special purpose vehicle) for Delhi-Mumbai Expressway, and has recently extended credit of Rs 8,000 crore to the initiative.

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.