Bank Lending in India Reaches ₹15 Trillion: Implications for Bonds and Investors
Bank lending in India hits ₹15 trillion, signaling a shift from bonds as companies embrace loans amid rising interest rates.
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State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body, headquartered in Mumbai. It is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the tenth largest employer in India with nearly 250,000 employees. As of 2024, SBI has 500 million customers.
Bank lending in India hits ₹15 trillion, signaling a shift from bonds as companies embrace loans amid rising interest rates.
VTechX HubIt is the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market.
SourceIt is also the tenth largest employer in India with nearly 250,000 employees.
SourceAsk VTechX Intelligence about State Bank of India
Deep-dive analysis with verified sources