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    Question

    How much worth, doubtful and loss cases on its books, of

    tractor and farm equipment loans did State Bank of India allowed one-time settlements in March 2017?
    A ₹4,000 Crore Correct Answer Incorrect Answer
    B ₹5,500 Crore Correct Answer Incorrect Answer
    C ₹6,000 Crore Correct Answer Incorrect Answer
    D ₹6,500 Crore Correct Answer Incorrect Answer
    E ₹8,000 Crore Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI) on 14 March 2017 said it would allow one-time settlements for tractor and farm equipment loans that make up about ₹6,000 crore of doubtful and loss cases on its books. SBI is willing to take an up to 40% haircut on such farm loan.

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