Macro parameters improving, economy gaining confidence: SBI

I think so. What gives me hope is that the macro parameters seem to be improving, in fact, we encounter a customer and most customers have expressed their confidence that things seem to be better. If you look at the central areas of cement and steel, most units are currently operating at more than 70% capacity. So when these kinds of things happen, it is possible to believe that construction is underway again.
Metals and mining seem to be better due to the fact that world commodity prices are hardening. So in general, there seems to be more confidence in the economy and, if that happens, banks will be in the first institution that will feel the beneficial impact. It is very difficult at this time to see how these things will happen. Suffice it to say that because they are now under surveillance, we will see to see if we can make a resolution in advance, so the quality of assets deteriorates further. However, once said this is still not known how long it will take for the NCLT not to go through things.
If you remember, they take about 270 days. So 270 days have already passed two months, even if you send it to NCLT, these cases will only come next year. Do we have the time or do we want to solve today? If we have to resolve today, we are able to do so without any other provision of the RBI or otherwise. So these are questions that, at this stage, are difficult to meet.

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