The government’s decision on merging State Bank of
“We expect to hear from the government on merging State Bank of
He was here to inaugurate the Green Channel counter that facilitates paperless banking.
According to him, the interest rates have an upward bias now and would soon stabilised.
However, Bhatt said the policy makers should disrupt the growth pace by measures that would tighten interest rates.
He expected inflation to move down from next month onwards as the monsoon is expected to be good.
Speaking of the credit growth Bhatt said the first quarter hasn’t seen much credit off take.
“The RBI’s (Reserve Bank of
Friday, July 2, 2010
Decision on State Bank of Indore’s merger soon: SBI
Industry Research Reports
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