
20% NPA in Mudra loans: SBI chairman
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
The stress in the economy—on the back of the second Covid wave—is showing up on the Mudra and MSME portfolios of the SBI.
The report says the “beginning of the decline in jobs” coincided with the Modi government’s demonetisation move in November 2016, although “no direct causal relationship can be established”.