SBI to take steps to insulate bank's balance sheets from stress in telecom firms: Dinesh Khara


SBI to take steps to insulate bank's balance sheets from stress in telecom firms: Dinesh Khara

“We will have to wait and watch till the final verdict comes but nevertheless we have to ensure that we adopt all possible steps to insulate the balance sheet from any potential threat,” said Dinesh Khara, chairman, State Bank of India.

The board of Punjab National Bank, the principal promoter of the mortgage lender, had earlier told the home financier to consider repricing the initial transaction.


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