Banks are ready to finance but there are no takers for bankable loans: SBI Chairman Rajnish Kumar
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Stating that there is a very thin line between risk aversion and risk prudence, State Bank of India Chairman Rajnish Kumar on Tuesday said the banks are ready to finance but there are no takers for bankable loans. He also said the bank is very bullish about the Rs 3 lakh crore credit guarantee scheme for MSME, and through the scheme the government has indirectly infused Rs 30,000 crore into public sector banks.
