SBI chief expects retail lending costs to come down
State Bank of India , the country's top lender, expects retail lending costs to come down after the central bank cut the minimum requirement for banks' government bond holdings, its chairman Pratip Chaudhuri said.
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SBI chief expects retail lending costs to come down
State Bank of India , the country's top lender, expects retail lending costs to come down after the central bank cut the minimum requirement for banks' government bond holdings, its chairman Pratip Chaudhuri said.
Like this story, share it with millions of investors on M3
SBI chief expects retail lending costs to come down
State Bank of India , the country's top lender, expects retail lending costs to come down after the central bank cut the minimum requirement for banks' government bond holdings, its chairman Pratip Chaudhuri said.
State Bank of India, the country's top lender, expects retail lending costs to come down after the central bank cut the minimum requirement for banks' government bond holdings, its chairman Pratip Chaudhuri said.
The central bank on Tuesday unexpectedly cut the statutory liquidity ratio to 23%from 24%in a move to free up liquidity, while leaving interest rates unchanged for the second straight review.
The room for banks to reduce deposit rates is low, he told reporters after the central bank's review.
