SBI Not Expecting Any Recap From Govt
  • WebDesk BTVI
  • Aug 27 2019

Arijit Basu, Managing Director at State Bank of India (SBI), said the surplus transfer by RBI will the government fund schemes. He is not expecting any recap from the government for SBI. Talking on interest rate transmission, he said after SBI, other banks will link their lending rates to repo rate, which will help in faster transmission of rates. Here's more.