SBI is not just armed and ready but also confident that companies and individuals would come forward to borrow from it in the next year at a faster rate. “We can expect double digit credit growth from second quarter of next year," said chairman Dinesh Khara, indicating that the growth would be broad based.
For FY21 the bank expects a sober 7% growth, though.Also Read | The health nudge is merely a mirageKhara gets his confidence from two places.