Morning Scan: All The Big Stories To Get You Started For The Day – Moneycontrol

A round-up of the biggest articles from newspapers September 30, 2021 / 07:55 AM IST A round-up of the biggest articles from newspapers. Returning to pre-pandemic levels is positive but it is not good enough: SBI chairmanThe State Bank of India Chairman Dinesh Kumar Khara in an interview with The Economic Times said that the Union government’s incentive schemes for the manufacturing sector and high PSU spending for capacity additions could spill over to other segments providing the much-needed booster shot for the economy.What the SBI chairman says: People are approaching SBI for fresh loans in the iron and steel sector.“People are also looking at expanding brownfield capacity, which means they have a very clear visibility of demand that also augurs well for capacity utilisation.”To come out of the damage in the last 20 months, the activity levels have to be much stronger.“Pre-pandemic, there was already a tendency to slow down; so, returning to pre-pandemic levels is positive but it is not good enough.”SBI stock is still not reflecting its intrinsic strength and the value of its holdings in various businesses.SBI plans to list its mutual fund and general insurance businesses.Govt working on a new set of reforms to create robust…
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