With 143% Liquidity Ratio, SBI Finds Giving Interest To Account Holders Difficult

by Rahul Gautam Jun 15, 2020 • 08:21 PM Views 905

Amid the economic uncertainty due to the Coronavirus pandemic, people are keener on making deposits instead of withdrawing money from the banks. Due to which, the country's largest bank, the SBI is sitting on high liquidity ratio of 143% at Rs 2.5 lakh crore, implying that the bank is either risk-averse or there are no borrowers in the market. The bank also struggles to give interests to account holders on such a huge amount