Bad loans in the banking system are pegged at Rs 9 trillion.
If dining, travel, and aviation were usually the major spends on credit cards, now it is insurance, e-commerce, electronics, online doctor consultation, medicines, bill payments, and retail purchases like grocery, vegetables, and fruits.
Swarup Kumar Saha lays out strategic roadmap to lift Punjab & Sind Bank’s total biz to Rs 4 lakh crore; plan includes branch expansions, organisational changes, productivity improvement and capacity building.
