SBI to monetise subsidiaries after scaling up their businesses: Chairman Khara

SBI Chairman Dinesh Kumar Khara stated that the bank plans to wait for its subsidiaries like SBI General Insurance and SBI Payment to enhance their operations before considering monetisation through the capital market to boost valuation and returns for SBI. With loans worth Rs 5 trillion in the pipeline from the corporate sector, Khara indicated a shift towards credit-seeking behavior for working capital and expansion, signaling potential for private sector growth and value creation by SBI.