No bubble in retail loans

MUMBAI : Within days of Reserve Bank of India governor Raghuram Rajan expressing concerns on banks’ aggressive retail loan push at the cost of infrastructure financing,

MUMBAI : Within days of Reserve Bank of India governor Raghuram Rajan expressing concerns on banks’ aggressive retail loan push at the cost of infrastructure financing, SBI chairman Arundhati Bhattacharya on Monday said there is no bubble-like situation in the consumer lending segment. “I don’t think we are in a bubble territory as yet, as long as we continue to maintain our good underwriting standards and get the help of digital (tools), which will give us an even better picture,” she said.

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