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SBI: Banks Need Incentives To Clean Up Bad Loans

SBI: Banks Need Incentives To Clean Up Bad Loans

Thursday, March 2, 2017, 1:29 PM

The State Bank of India said that the Reserve Bank of India needs to give some incentives to banks for resolution of bad loans in terms of provisions or extending the deadline until March 31. SBI MD Dinesh Kumar Khara said that though the banking sector is prepared for the worst, whatever be the regulatory guidelines, it is also putting forth its viewpoint.
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