Despite inflationary pressure, there will be no increase in the interest rate on loan in the next six months because of surplus liquidity in the market and rising deposits, SBI Chairman O P Bhatt said.
Bhatt said that there is a good amount of liquidity in the market and credit offtake is slowly picking up. Referring to the ongoing merger process of SBI associate banks, Bhatt said SBI is a major stakeholder in SBI associate banks like State Bank of Saurashtra and State Bank of
State Bank of Saurashtra has already merged while process was on in regard to State Bank of
