See Credit Demand Pickup During Festivities: OBC
  • Elizabeth George
  • Aug 05 2013

August 5: As short-term rates rise and credit demand continues to slump, what are bankers doing? S.L. Bansal, Chairman of the Oriental Bank Of Commerce, says he does not see a credit pickup until October. “Slippages continue as there is a lot of stress in the corporate sector, with many big accounts heading towards CDR. However, if we can focus on loan recovery, then we can maintain a balance,” he adds.