The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.
Before that turmeric sowing area in the Sangli region came down by 10–15 per cent due to deficient rainfall.
Though lack of credit demand exists in the economy, there is no supply-side constraint said SBI Chairman Rajnish Kumar.
Zombie companies are defined as corporate underachievers overdosed on cheap credit.
Growth in exports was between nine and ten per cent and the volume touched USD 331 billion.
The move aims at giving a further boost to digital transactions.
The company has been manufacturing products for brands like Meswak of Dabur, OralB, DantKanti of Patanjali and Amway.
India’s GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.
Earlier this year we saw a spike in airfares after Jet Airways ceased its operations in April.
The survey revealed that nearly two-thirds are slightly worried about losing their jobs