Expect double-digit loan growth: SBI

With the pickup in economic activity, State Bank of India (SBI) is seeing a clear revival in corporate credit demand and expects the segment to hit double-digit growth over the remaining two quarters of the current financial year, the bank’s chairman C S Setty said.

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As far as the pipeline for corporate credit is concerned, he said, “The bank has a strong pipeline. We have about ₹7 lakh crore loan sanctions, a mix of unutilized working capital limits and term loans that are c