Public sector lender, Central Bank of India is hopeful of maintaining margins for the complete year.
Speaking to CNBC-TV18, MV Tanksale, chairman and managing director, Central Bank of India said, "I still maintain my guidance of 3%. I was around 3.2% as of March 2011 and I still feel that 3% should be a maintainable margin." The monetary policy is slated for January 24 and Tanksale expects the Reserve Bank of India (RBI) to maintain liquidity in the system for economic growth of the country. "As a banker I would say that the basic requirement which the central bank has to take care is that despite borrowing from the government would there be adequate liquidity available for the private sector, the markets." Below is the edited transcript of TanksaleDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
