Banks still against lending to gems & jewellery players: SBI
The banking sector is still against lending to the gems and jewellery sector which recently saw the $2.1-billion PNB fraud, SBI managing director Dinesh Khara has said. He added that higher risk perception has been created over past months. "It's very much under question that whether we should lend...And if, at all, we lend, then at what price," he said.