Strengthening policies to revive demand: PN Prasad, SBI
  • WebDesk BTVI
  • Aug 01 2019

PN Prasad, Deputy MD at SBI, says the stress as witnessed by the sector is due to the trust deficit created by certain incidents. He says the bank is strengthening several policies to revive demand and for entry barriers of new customers and enhancement of credit limits. He says the bank will give a uniform approach to collateral security and margin requirement. He says credit demand depends on global demand of diamond and jewellery.