SBI faces a tough year amidst sluggish loan growth, weak margins & dodgy asset quality

For SBI, India’s largest bank that got bigger this April after merging its five associate banks, bad loans have grown in size too. While the consolidated picture on asset quality post-merger was expected to be a cause for concern, higher-than-expected slippages, has rankled investors.With gross non-performing assets at nearly a tenth of SBI’s (merged entity) loans, the bank faces a tough year ahe...