HomeNewsBusinessCompaniesIn focus: Will banks pass RBI's 25 bps rate hike to you?

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In focus: Will banks pass RBI's 25 bps rate hike to you?

MV Nair, CMD, Union Bank says credit growth is falling but deposit rates are still very high. He expects to pass on the rate increases by the second half of FY12. Romesh Sobti, MD and CEO of IndusInd Bank says they have already passed on a 25 bps rate hike to their customers.

June 21, 2011 / 20:52 IST

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TAGS: #Business #Canara Bank #credit growth #IndusInd Bank #monetary policy #MV Nair #NBFC #NIM #rate hike #RBI #Romesh Sobti #State Electricity Boards #Union Bank

first published: Jun 21, 2011 03:31 pm

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