Published on Mon, Jul 12, 2010 at 16:33 | Source : Reuters
Updated at Mon, Jul 12, 2010 at 16:51
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Liquidity to be comfortable by end-July: SBI
Cash conditions in the banking system will return to comfortable levels by the end of July, the chairman of State Bank of India, the country's largest lender, said on Monday.
Cash conditions in the banking system will return to comfortable levels by the end of July, the chairman of State Bank of India, the country's largest lender, said on Monday.
OP Bhatt also told reporters that bankers had told the central bank that a 20 percent loan growth target was achievable in the current fiscal year to March.
Bhatt was speaking to reporters after a meeting with the Reserve Bank of India officials ahead of the July 27 policy review.