Focusing only on retail segment may not be prudent for banks in current scenario: SBI MD

At a time when the economy is facing challenges, banks should not solely focus on the retail segment as sluggish growth can impact this category of loans, a top banker said. The country's gross domestic product declined 23.9 per cent in the April-June 2020 quarter, and analysts expect the economy to contract in double digit during the current financial year.

To Contact Insurance and Investment Expert
Thanks for reading. Please Share, Comment, Like the post And Follow, Subscribe Insurance and Investment News
from Source