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Home > Business > Reuters > Report

Soft rate bias to continue: SBI

June 10, 2003 11:41 IST

The chief of India's largest commercial bank, State Bank of India, said on Tuesday that the soft bias in domestic interest rates was likely to continue due to falling global interest rates.

"I am a great advocate of stability in interest rates but seeing the global interest rate trend I think a soft bias in interest rates cannot be ruled out," A K Purwar told reporters on the sidelines on an accounting conference.



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