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SBI Chairman CS Setty predicts when RBI will cut rates next. It's not in December

By Economic Times - 2 weeks ago
SBI chairman anticipates RBI will cut interest rates in February 2025. Depositors can expect current interest rates to remain until then. SBI plans to expand its deposit base by focusing on service quality and personalized offerings for high-value customers. The bank's lending rates are expected to remain stable due to its marginal cost of lending rate strategy.

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