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?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.
More Economy and Banking and Finance Static Concepts Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___ - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____
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