Almost all lenders are now likely to follow the SBI in raising their benchmark rates, with the Reserve Bank of India (RBI) likely tightenin...

"The latest reforms ensure that the industry is able to invest fearlessly and support India's digital ambitions. We also compliment the Min...

We are quite comfortable on the liquidity side as a bank and also as an industry.

Bank loans grew 13 per cent year-on year as on May 25 this year, the fastest growth rate in recent months.

Bank disintermediation ensures that risks do not lie only with a clutch of small players.

Banks and RBI have been at loggerheads for years on either passing on benefits of lower interest rates or raising rates to reflect RBI's ti...

"Only 20% of my assets are at base rate because most of these accounts which were at base rate are gradually migrating to MCLR where the tr...

In last 18 months, MCLR has moved almost by 140 bps, ponts out the SBI MD.

Banking liquidity continues to be at a surplus of Rs 3 lakh crore currently.

"Post demonetisation what we did see in the month of November was some amount of spike in our cheques bounces."

"These MCLRs have been reduced by most of the banks and others will follow soon depending upon their formula."

I am not really sure unless we finally see the numbers at the corporate end, how much it is impacting corporates really.

“Whatever money is coming, I think 50% is going to stay with the banking system. So we expect at least 25 to 30 basis further cut in the MC...

On the first of every month, you should watch out to see what we are doing and definitely I think we will be transmitting more.

Hopefully GST could be the trigger which could lead to some of that demand coming in but we still need to wait and watch for that.

"I think some of the other banks may have a one-year reset. On margin over MCLR, it’s obviously dependent on our risk profiling of the cust...

Once a call has been taken to cut the deposit rate by certain bps, the MCLR then is a derived value.