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Rajnish Kumar, SBI, SME Loans Finance

Retail Loans Must be Prioritized By Housing Finance Cos.: SBI’s Rajnish Kumar

On the sidelines of the India Mortgage leadership conclave, Kumar on the real estate industry, said real estate taxation is not favorable for companies. In its internal study, SBI has concluded that there has been a pick-up in the housing sales in Hyderabad, Kolkata & Chennai. However, it has declined in the NCR region, which, he said, is the worst hit. Rajnish Kumar of SBI said, “SBI is not seeing any elevated stress in housing portfolio, but we will have to watch.”

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