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This is an archive article published on January 11, 2010

Bad loans in SME sector rising: SBI

Non-performing loans in small and medium enterprise sector are on the rise,Bhatt said.

Non-performing loans (NPAs) in the small and medium enterprise sector (SME) are on the rise,the chairman of State Bank of India said on Monday.

“NPAs are rising specially in the SME sector. Given the lag effect it will continue for 1-2 quarters,” O.P Bhatt told a banking summit.

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