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Hyderabad, Oct. 25 State Bank of India is unlikely to cut interest rates immediately while it sees no reason to increase the rates as done by some private banks, according to Mr O.P. Bhatt, Chairman.

“The liquidity situation is comfortable in the industry and we are definitely not going to raise interest rates,” he said at a conference at Indian School of Business here on Saturday.

More Stories on : Fixed Deposits | Interest Rates | State Bank of India

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