SBI Chairman Hails Budget For "Very Inclusive" Approach
NDTV
In a conversation with PTI Videos, Khara said banks will be helped by the Budget announcements like the Prime Minister Awas Yojana (PMAY) which will push credit growth, and also welcomed the specific measures on loan recovery.
SBI chairman Dinesh Kumar Khara on Tuesday lauded the budget for its inclusive approach and exuded confidence that the proposals will boost sagging consumption growth.
In a conversation with PTI Videos, Dinesh Kumar Khara said banks will be helped by the Budget announcements like the Prime Minister Awas Yojana (PMAY) which will push credit growth, and also welcomed the specific measures on loan recovery.
When asked if doing away with the indexation benefits will act as a dampener, he replied in the negative, pointing out that a bulk of homebuyers in the country are first time buyers and do not get driven by investments.