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.

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.

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"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.