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Bad loans in India's SME sector rising: SBI chief
Non-performing loans (NPAs) in the small and medium enterprise sector (SME) are on the rise, the chairman of the country's largest lender, State Bank of India said on Monday.
Updated on: Jan 11, 2010, 10:40:41 IST
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Non-performing loans (NPAs) in the small and medium enterprise sector (SME) are on the rise, the chairman of the country's largest lender, State Bank of India said on Monday.
"NPAs are rising specially in the SME sector. Given the lag effect it will continue for 1-2 quarters," OP Bhatt told a banking summit.
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