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 βΉ6,000 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, ____