Our Unsecured Book Is Stable & Excess Provisions Will Help Meet ECL Norms: SBI Chairman Dinesh Khara

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CNBC-TV18

CNBC-TV18

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On CNBC-TV18 | Our current capital can support Rs 7 lakh cr of growth while keeping the equity fund raise option open, says Dinesh Kumar Khara, Chairman, SBI. He tells Surabhi Upadhyay & Latha Venkatesh that they expect 14-16% credit growth in FY25 with margin steady at 3.43%. He adds that SBI’s unsecured book is stable and excess provisions will help meet ECL norms as and when they kick in.
#sbi #dineshkhara #Q4FY24results #Q4FY24earnings #depositgrowth #loangrowth #unsecuredloans #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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