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SBI is playing catch-up: CFO

Following the large hike in its base rates by 75 bps, Diwakar Gupta, CFO, SBI, told CNBC-TV18 that the bank is compensating for a sluggish rise in the past. In spite of the number being large, they still compare among peers as having low rates, he said.

May 11, 2011 / 14:58 IST
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Following the monetary tightening measures of the RBI last week, the country

TAGS: #asset quality #base rates #Business #credit growth #Diwakar Gupta #liquidity crunch #liquidity imbalances #macroeconomic scenario #monetary tightening #RBI #servicing liability #State Bank of India #underwriting standards
first published: May 11, 2011 08:54 am

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