Mortgage News

SBI Says Monitoring Exposure To Shadow Banks “Very Closely”

SBI ‘Very Closely’ Monitoring Exposure to Shadow Banks A series of defaults at lender IL&FS last year raised concerns about the country’s shadow banking industry, or so-called non-banking finance companies (NBFC).

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SBI Says Monitoring Exposure To Shadow Banks "Very Closely".

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Last week, State Bank of India (SBI) said it was "very closely" monitoring its exposure to the country’s shadow banks, amid concerns of distress in the sector. SBI, India’s largest lender by assets, said it had "factored in" challenges faced by accounts like DHFL and has already estimated the stress the bank would have to deal with.

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State Bank of India "very closely" monitoring exposure to shadow banks. SBI affirmed that their exposure to NBFC sector still is "good" and that "appropriate actions" are being taken for specific stressed accounts.

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One reason the CPI is monitored very closely by government, businesses, and workers is that While you’re there, you quickly scan a report that says government spending will again exceed tax Monetary policy is the responsibility of the Federal Reserve Bank and the open market committee.

State Bank of India "very closely" monitoring exposure to. – SBI said it had "factored in" challenges faced by accounts like DHFL and has already estimated the stress the bank would have to deal with in this financial year due to the shadow banking crisis.