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BRIEF-SBI bankruptcy cases provisioning ratio at over 50 pct as of end-Sept: chairman
November 10, 2017 / 7:58 AM / a month ago

BRIEF-SBI bankruptcy cases provisioning ratio at over 50 pct as of end-Sept: chairman

Nov 10 (Reuters) - State Bank Of India

* Chairman says bankruptcy cases provisioning ratio is over 50 percent as of end of September

* Chairman says corporate credit growth remains muted

* Chairman says watchlist for potential default accounts has come down to 210 billion rupees from 240 billion rupees

* Exec says in second RBI list for potential bankruptcies, already provided for 75 percent

* Exec says most bad loan recoveries coming from retail and SMEs

* Exec says NIM should be better going ahead with 10-15 bps improvement, don’t expect quantum jump

* Exec says number of large accounts going for resolution outside of nclt is very few Further company coverage: (Reporting By Devidutta Tripathy and Swati Bhat)

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