Banks will easily pass on rate cut to customers due to liquidity surplus: Prashant Kumar, MD & CFO, SBI
Prashant Kumar, Managing Director & CFO, SBI told Zee Business TV, ''The rate cut of 25 bps in interest rates was expected from RBI in this monetary policy. Also the change in stance from 'neutral' to 'accomodative' is quite positive for the economy.
Prashant Kumar, Managing Director & CFO, SBI told Zee Business TV, ''The rate cut of 25 bps in interest rates was expected from RBI in this monetary policy.