There is scope for a 25-bps repo cut in 2025... RBI will look at data, aid growth, says SBI MD Rama Mohan Rao Amara

SBI is navigating surplus liquidity, a welcome shift attributed to the RBI's actions. The bank anticipates a further policy rate cut this year, contingent on factors like a normal monsoon. While deposit mobilization is challenging, SBI focuses on personalized customer engagement and technological innovation to maintain growth and manage risks.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/4ud3wrq
via IFTTT

Comments

Popular posts from this blog

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank