State Bank of India to go slow on SDR, will invoke it only when there is clarity on potential buyer

State Bank of India to go slow on SDR, will invoke it only when there is clarity on potential buyer

State Bank of India will be more cautious in converting loans into a majority equity holding under the strategic debt restructuring (SDR) scheme after a surge in such cases raised questions over the ability of banks to sell these stressed assets within the 18 months given to them.

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