State Bank of India to tighten lending norms for jewellers.
Global Banking News-October 29, 2018--State Bank of India to tighten lending norms for jewellers
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Global Banking News - 29 October 2018
India-based State Bank of India (NSE: SBI), considered to be the largest public sector bank in India, is to set new norms for lending to jewellers in the country.
The bank is looking to tighten its lending norms following recent frauds and bankruptcies. The firm has proposed exposure caps of INR1bn and INR2.5bn for individual and corporate...
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