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Money & Banking - Non-Performing Assets


SBH opens recovery branch at Ramkote, Hyderabad

Our Bureau

HYDERABAD: The State Bank of Hyderabad (SBH) has announced that it has opened its first asset recovery branch at Ramkote here.

Its Managing Director, Mr Amitabha Guha, inaugurated the branch.

In a press release here on Thursday, the bank said it proposes to step up its recovery effects through the special purpose branch by concentrated follow up of all cases filed in the Debt Recovery Tribunal at Hyderabad. The bank said it has set for itself a target of achieving zero net non-performing assets by the end of current fiscal.

More Stories on : Non-Performing Assets | Public Sector Banks | Andhra Pradesh

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