Press Trust of India on MSN
Banks like SBI well versed to handle acquisition financing: C S Setty
Days after the Reserve Bank's decision to allow banks to allow acquisition financing, SBI chairman C S Setty on Wednesday said entities like the country's largest lender are "well versed" to handle ...
MUMBAI: The digital transformation in the financial sector is enabling faster and broader access to credit and also better credit assessment, particularly for small businesses, State Bank of India ...
SBI Chairman CS Setty discusses efforts to simplify KYC, expand credit access through UPI, and enhance YONO app accessibility.
SBI's digital transformation enables SMEs to get loan approvals of up to ₹5 crore within 25-26 minutes. This initiative enhances financial inclusion and provides quicker credit decisions using ...
C S Setty says extended transition will cushion banks from ECL shock, stresses need for stronger collections before expanding UPI-based credit products: RBI ECL framework ...
SBI well-versed in acquisition financing. ECL impact limited due to transition time. UPI for credit, Yono app updates, and KYC simplification.
SBI Cards poised for growth with potential rate cuts and improved return ratios, maintaining Neutral rating with ₹950 target.
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Setty said the lender needs to get the 'collections piece right' on the small value loans before rolling out other products on the UPI ...
Gold loans offer quick access to funds against pledged gold ornaments and coins, with interest rates varying by institution and borrower profile. Lenders accept gold jewelry from 18 to 22 karats, ...
Chairman CS Setty said on Wednesday that the bank is working on simplifying the Know Your Customer (KYC) and re-KYC processes to make them more user-friendly.
The digital transformation in India's financial sector is enabling faster and broader access to credit, particularly for small and medium enterprises (SMEs), stated State Bank of India (SBI) Chairman ...
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