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Shipping sector push won't get banks out of choppy waters: SBI
Updated On: 14 April, 2016 08:11 PM IST | | PTI
<p>The ongoing thrust on the shipping sector will not help lenders with a revival in the asset quality, but can be of benefit over a longer period, State Bank of India chief Arundhati Bhattacharya today said</p>
The ongoing thrust on the shipping sector will not help lenders with a revival in the asset quality, but can be of benefit over a longer period, State Bank of India chief Arundhati Bhattacharya today said.
"Asset quality issues are issues of the past. They are legacy issues. Whether they will turnaround immediately, I don't really think so, not in the shipping sector at least," she told reporters on the sidelines of the maiden 'Maritime Summit' here.
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