Fall of money supplier’s health: Need to look beyond technological solutions

Money Control | Oct 21, 2019 at 9:30 AM
  • The health of any economy is directly related to the financial status of its banks.
  • Mobilisation of resources and their better allocation by commercial banks play an important role in the development of both underdeveloped and developing economies.
  • State Bank being the biggest lender, lent around Rs 1,600 crore followed by PNB with Rs 800 crore, IDBI with Rs 650 crore, and Bank of Baroda lent Rs 550 crore to the company.