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SBI waits for stimulus package

Mumbai, Dec. 6

A general reduction in interest rates on assets and liabilities cannot be ruled out following RBI’s latest measures. We will take stock of the situation arising out of these measures. We will weigh the impact of our action in this regard on millions of our depositors and also take into account the stimulus package that the government will be announcing tomorrow before taking rate action,” said a senior SBI official. —

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