Interest rates likely to go up: SBI

State Bank of India, the country's top lender, sees interest rates likely rising by 25 to 100 basis points in six months if liquidity in the system is not managed well. According to SBI, there is a possibility of interest rates going up when the busy season picks up, that is in the second half of the (fiscal) year. Indian bank loan growth slowed to around 15 per cent in June from about 30 per cent seen in 2007/08, but is expected to pick up in the coming months as economic activity revives.