No problem of funding: SBI chairman amid liquidity concerns
SBI chairman Challa Sreenivasulu Setty stated that the bank faces no funding challenges, adding, "We have excess SLR, liquidity available in our balance sheet, of about ₹3 lakh crore."This comes after several reports stating crisis in Point of Sale (POS) terminals linked to the ongoing Middle East war. Notably, SBI registered its highest ever annual profit, reaching ₹80,032 crore.