ICRA to rate SBI Loans

September 11th, 2007 | Loans

Information & Credit Rating Agency Ltd (ICRA) and State Bank of India have recently signed an Memorandum of Undersrating under which State bank of India’s Loans and its other exposures will be rated by the ICRA and the ratings will be assiged to the loans. This is as per the standardized approach of Reserve Bank of India’s New Capital Adequac Framework.

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