An examination of a risk assessment report showed non-compliance with directions by SBI to the extent that the bank sanctioned a term loan to a corporation in lieu of or to substitute budgetary resources envisaged for certain projects without undertaking due diligence on the viability and bankability of the projects, the RBI said in a statement on Monday.
© 2024 Investment-solutions.co | All Rights Reserved
Disclaimer: Investment-solutions.co offers evaluations, insights, and reports on financial markets and investment products. We do not provide brokerage services nor can we promise specific financial outcomes. Every investment carries risk, including the potential loss of invested capital. The material on this website is intended for informational use only and should not be interpreted as professional financial advice. Outcomes may differ, and it’s important to seek guidance from a licensed financial advisor before making any investment decisions.
Risk Warning
Trading in financial markets, including currencies, carries a high level of risk and may result in the loss of your capital. Price fluctuations may occur due to factors such as market volatility, regulatory updates, or political events. Past performance is not a reliable indicator of future results.
Content Usage Restrictions
No portion of this website or its materials may be copied, shared, or distributed in any manner without express written consent from Investment-solutions.co.
Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003 | Terms and conditions | Privacy Policy
Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003 | Terms and conditions | Privacy Policy