In an exclusive interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, Supratik Chatterjee the Managing Director of Bank of Bikaner and Jaipur says that the issue, likely to rollout towards March-end, will be used to augment capital and presence in tier-I and tier-II sectors.
Hemant Contractor, CFO of SBI, told CNBC-TV18 that he expects great enthusiasm from investors towards their bond issue. “We want retail investors to enter bond markets and hope that the idea behind investing in bonds spreads throughout the country,” he adds.
OP Bhatt, chairman of the State Bank of India in an interview on CNBC-TV18 spoke about what he is expecting from the credit policy and his banks results. On the RBI’s credit policy review, Bhatt holds that a 25 bps rate hike is plausible. “Also, expect to hear about some measures to ease liquidity as well.”