Thursday, June 18, 2020

Nearly 15 per cent of State Bank of India's Mudra loan portfolio turned bad

“We have tweaked the model and changed it to e-mudra," Kumar said. "Some parameters are changed and now the NPA ratio has reduced to 10% in new loans. The entire process is now end-to-end digitised," he said in a video call with businessmen, organised by the Bharat Chamber of Commerce .

from Banking/Finance-Industry-Economic Times https://ift.tt/2AGgUjM

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