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SBI chief says soft rate bias to continue
New Delhi, June 10: State Bank of India`s (SBI) chairman A K Purwar said on Tuesday the soft bias in domestic interest rates was likely to continue due to falling global interest rates.
New Delhi, June 10: State Bank of India’s (SBI) chairman A K Purwar said on Tuesday the soft bias in domestic interest rates was likely to continue due to falling global interest rates.
"I am a great advocate of stability in interest rates but seeing the global interest rate trend I think a soft bias in interest rates cannot be ruled out," Purwar told reporters on the sidelines on an accounting conference.
Bureau Report