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VERIFIEDET Finance·neutral
Deposit rate hikes unlikely for 3 months; RBI action to help NIMs: SBI chairman C S Setty
AI Summary
- ·SBI Chairman C S Setty predicts no deposit rate hikes for the next three months.
- ·Sufficient liquidity in the system is cited as the primary reason for this prediction.
- ·Credit growth is expected to remain strong at 14 to 15 percent.