State Bank of India's chairman, Challa Sreenivasulu Setty, views tighter credit reporting rules as a solution to retail loan default concerns. With an updated fortnightly credit report mandate, lenders can better assess customer leverage. SBI, with a substantial loan book and strong asset quality, aims to target affluent customers by enhancing premium banking services and deploying relationship managers.
from Banking/Finance-Industry-Economic Times https://ift.tt/YNRWIwP
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