As part of the revised terms, State Bank of India, the largest bank in the country by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral, according to a memo
The post Shadow banking crisis: State Bank of India tightens lending terms for auto dealers, says report appeared first on Firstpost.
from Firstpost https://ift.tt/2GDaiCl
No comments:
Post a Comment