New Delhi: State Bank of India (SBI) on Monday ruled out any immediate cut in lending rates even as the Reserve Bank had reduced policy rate by 0.25 per cent earlier this week.
“With repo rate (short

India's economic growth in 2012-13 is likely to be higher than that of this fiscal as Reserve Bank Of India (RBI) might resort to interest rate cut ‘at some point in time’, the central bank's Governor