Banker to 467 million Indians says loan demand is bouncing back - Moneycontrol

Companies are steadily drawing down from a $71-billion loan pipeline, Dinesh Kumar Khara, chairman of State Bank of India, says. Loan growth at the 216-year-old lender is expected to be robust, underpinned by demand from businesses after two straight years of…

Consumer cutbacks due to raging inflation and higher borrowing costs are failing to dent investment plans at Indian businesses tapping the countrys biggest lender, a sign that a recovery in Asias thi… [+4415 chars]

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