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You are here : Moneycontrol » News » Business

SBI to wait for RBI policy before tinkering with int rates

Published on Fri, Jul 11 at 15:04 , Updated at Fri, Jul 11 at 15:33
Source : CNBC-TV18

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OP Bhatt, Chairman, SBI today said that the State Bank of India's Q1 net growth is seen in double digits; he sees upward bias in interest rates.

SBI aims to maintain NIMs at 3%. The bank expects to see a slowdown in auto and commercial realty loans. But no slowdown is seen in loans to corporate sector.

The Chairman said that they will wait for the Reserve Bank of India (RBI) policy before tinkering with interest rates.

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