OP Bhatt, SBI chairman, said that incremental credit-deposit ratio should be over 100% in FY11. SBI's current credit-deposit ratio is at 77%.
Hence, SBI is aiming to raise funds from the overseas markets in the next fiscal year to achieve the ratio target.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
