State Bank of India (SBI) Chairman Rajnish Kumar is of the view that recovery in India will be linked to recovery in the economy. In conversation with CNBC-TV18, Kumar spoke about moratorium and restructuring.

On moratorium, he said that corporates are hesitant in getting the 'restructured' tag and as of September 23, not a single corporate had approached us for restructuring.

According to Kumar, companies with Rs 50 to Rs 1,500 crore loans, a maximum of 50 companies may want a recast.

He added that the bank expects loan growth of 8 percent in FY21.

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