SBI plans to distribute chocolates to borrowers at risk of defaulting on their repayments

The State Bank of India (SBI) plans to enhance its collection efforts due to the increasing retail lending. According to PTI, SBI intends to send a gift of chocolates to borrowers who may potentially default on their monthly payments. This proactive approach aims to improve loan recovery. SBI’s move is driven by the need to manage growing retail lending portfolios

Follow Taxpuram to stay updated with current news