Arijit Basu, managing director of State Bank of India, speaks in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)
India’s largest lender isn’t expecting any of its large corporate borrowers to apply for a restructuring scheme owing to the Covid-19 crisis, at least for now.That’s according to Arijit Basu, managing director of State Bank of India, who said that quality of SBI’s corporate loan book had significantly improved in March and the Covid-19 pandemic hasn’t affected it much.“I can confirm to you that there are no large companies for SBI, w...