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State Bank MD talks about sustainable credit growth, rise in NIM and liquidity

Sumary of State Bank MD talks about sustainable credit growth, rise in NIM and liquidity:

  • Therefore directly we were not so much impacted but our broad orientation is that any entity which is lending in the system, which has consumers at the other extremity, needs to be regulated in some form and shape.
  • We are awaiting a digital lending guidelines framework from runs.
  • Therefore, what the runs is doing if the fintech based lending becomes a significant part of the system or the growth which is show becomes very tough and much more than what the system shows, clearly there is need for some rule.
  • We have been looking to engage with fintechs for cooperation goals in many areas including digital lending and YONO continues to go tough because so far we have been supply the loans on YONO to our own consumers.

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