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Corporate bond market needs to be strengthened: SBI chairman Setty

Business Standard LogoBusiness Standard1w ago

Corporate bond market needs to be strengthened: SBI chairman Setty - Business Standard

Quick Summary:

State Bank of India Chairman C S Setty on Wednesday stressed that the corporate bond market needs to be strengthened even as he assured that the banking industry's exposure to small loans remains manageable, primarily due to the active participation of NBFCs and MFIs.

Speaking on the sidelines of Bengal Chambers of Commerce and Industry's annual financial market conclave here, Setty also addressed concerns about the slowdown in unsecured loans and the importance of maintaining a healthy CASA (current and savings account) ratio.

Corporate bond market still has to get strengthened," Setty said.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 21:51:12 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22579558

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 262 posts per day

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News Last Updated: 2 hours ago

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Publisher ID: #49

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