Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCompaniesSBI sees early signs of loan growth revival

    SBI sees early signs of loan growth revival

    The State Bank of India is seeing early signs of a revival in loan growth, A. Krishna Kumar, Managing Director, national banking group, said on Tuesday, adding that there was limited scope for further reduction in the bank's interest rates.

    October 09, 2012 / 17:13 IST
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      The State Bank of India is seeing early signs of a revival in loan growth, A. Krishna Kumar, Managing Director, national banking group, said on Tuesday, adding that there was limited scope for further reduction in the bank's interest rates.

      SBI, India's largest lender, cut its base rate, the minimum interest rate at which it lends, by 25 basis points to 9.75 percent last month, after RBI cut the cash reserve ratio by 25 basis points to 4.5 percent.

      first published: Oct 9, 2012 12:36 pm

      Discover 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!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347